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XRP Stumbles as Bearish Pattern Signals Potential Drop to $2—Traders Brace for Impact

XRP Stumbles as Bearish Pattern Signals Potential Drop to $2—Traders Brace for Impact

Author:
CoindeskEN
Published:
2025-05-20 16:13:10
19
2

XRP Price Slips as Bearish Chart Pattern Points to $2.00 Target

XRP’s price action paints a worrying picture—a classic bearish chart formation suggests the crypto could be heading toward $2.00. Market watchers are eyeing key support levels as sell pressure mounts.

Technical analysts point to the looming specter of a 20% correction if current patterns hold. Meanwhile, perpetual optimists whisper about ’buying the dip’—because nothing fuels crypto like selective amnesia and institutional-grade hopium.

Fun fact: This dip coincides perfectly with yet another ’urgent’ regulatory warning about digital assets. Coincidence? Or just Wall Street’s algo-traders doing their usual pump-and-dump routine dressed up as ’market analysis’?

|Square

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