XRP’s ‘bearish’ setup may crash price below $1: Analyst

XRP looked increasingly bearish below $2, with multiple indicators suggesting that a downward move toward $1 was possible in the coming weeks.

XRP (XRP)  has retraced nearly 50% from its multi-year high of $3.66 to trade below $2, a technical setup that may have “bearish implications” for its price, according to Veteran analyst Peter Brandt.

Key takeaways:

XRP appeared bearish below $2, with chart technicals pointing toward $1.

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