XRP, a type of cryptocurrency, might go down in price soon! A financial expert looked at its chart and saw some warning signs. He uses special tools to predict prices, like looking at patterns and clouds on charts. It's like reading tea leaves but for money!
- The expert thinks XRP might drop because of a pattern called "Head and Shoulders." It's like a mountain with three peaks.
- Another signal is a "bearish kumo breakout." This means the price went below a support level (a safety net for price).
- If these signals are right, XRP could fall even further.
Fact | Number |
---|---|
XRP's highest price recently | $3.40 |
Possible lowest price | $1.24 (or even lower!) |
Current price | $2.03 |