Technical analysis by naphyse about Symbol XRP on 2/25/2025
https://sahmeto.com/message/3310033

naphyse
Rank: 27213
Analytical Power:
0.6

#XRP price is testing the bottom of the ascending channel it has been moving after november pump. Formed bearish head and shoulders and also ascending channel breakdown results bearish. So, this spot is very very important for #ripple 's price decision. If XRP breaks down this support, then it may aim the retest zone at ~1.20 usd. A strong bounce is the temporary invalidation. Not financial advice.
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Signal Type: Neutral
Time Frame:
4 hoursPrice at Publish Time:
$2.18