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XRP Flashes Bearish Falling Star—Is This the Overbought Correction Traders Feared?
XRP Flashes Bearish Falling Star—Is This the Overbought Correction Traders Feared?
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XRP's chart paints a warning sign as the dreaded 'falling star' pattern emerges—just as overbought signals start screaming. Is this the pullback before the next leg up, or the start of something uglier?
Technical traders are sweating. The falling star—a classic reversal pattern—often signals exhaustion after a rally. And with RSI levels punching into overbought territory, the setup looks ripe for a cool-down.
But here's the twist: crypto markets love to punish both bulls and bears. Just when everyone piles into shorts, XRP could rip higher out of sheer spite—because nothing makes sense in a market where 'fundamentals' are an inside joke among hedge fund managers.
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