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by: xpoolPosted on: May 19, 2025

XRP Price Faces Potential Slide Amidst Bearish Signals & Declining Trader Confidence

The cryptocurrency XRP exhibits signs of a potential price decline according to Cointelegraph. A classic head-and-shoulders pattern, observed on the four-hour chart since May 9, suggests a possible 14% drop. This bearish technical formation, combined with significant long liquidations and declining open interest, signals waning confidence among traders regarding XRP futures.

Related posts:

  1. Will XRP Price Crash to $0.50? Chart Analysis Signals Caution
  2. XRP Price Bounces off Support: Analyst Sees Potential for Recovery
  3. XRP Breaks Out: Analyst Sees Potential for Bullish Move
  4. XRP Shows Warning Signs as Technical Chart Suggests Potential Decline
Cryptocurrency Technical Analysis XRP

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