XRP price risks falling to $2 after classic bearish chart pattern confirms

XRP price risks falling to  after classic bearish chart pattern confirms

XRP futures’ open interest has dropped sharply in the past five days, raising downside prospects for XRP price and a potential retest of the important $2 level.

Key takeaways:

XRP could be headed lower to $2 following a breakdown of a classic head-and-shoulders pattern.

Declining open interest in XRP futures signals weakening trader confidence.

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