Veteran chartist Peter Brandt has identified a bearish pattern in the XRP price chart, suggesting a potential double top formation and a breakdown below the critical support range of $1.80 to $2.00. Brandt advises traders to recognize and act on this bearish structure rather than dismiss it. Despite the possibility of the pattern failing, the current setup indicates a likelihood of further downside for XRP. This warning comes as altcoins face increasing pressure amid a deteriorating market structure.
Peter Brandt Warns of Bearish Pattern in XRP Chart
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