XRP is under scrutiny as crypto analyst Tony Severino highlights a rare bearish chart formation in its monthly LMACD. This pattern, previously seen twice, led to significant price drops of 87% and 71%. While the signal is not yet confirmed, Severino warns that a failure to rally this month could validate the bearish outlook. Currently, XRP is trading at approximately $2.2, having fallen over 6% in the past 24 hours.