Recent trading activity reveals potential downward pressure on XRP, with a bearish trend emerging on its daily chart. Analysts are concerned about this pattern, which suggests a weakening of the bullish trend and an increase in selling activity. As of May 31st, XRP is trading at $2.12, a 14% increase in trading volume compared to yesterday. However, it has experienced a 3.6% decline in value. Experts point out that this upward movement in volume isn’t necessarily a positive sign, as it could indicate selling pressure is mounting. The bearish Head and Shoulders (H&S) pattern visible on XRP’s chart raises concerns about potential price drops. If the H&S pattern completes, the target is estimated to be around $2. This may lead to an acceleration of selling activities in the market. A diagonal support line currently provides a degree of resistance against further downward movement. However, breaching this support level could significantly escalate selling pressure and drive prices down toward the projected target. Whether or not this support holds remains to be seen. The coming days will reveal if market participants can maintain a high level of confidence and support in XRP. If the H&S pattern completes and its technical target is reached, short-term price drops are likely expected, although the final outcome is yet to be determined. Market analysts suggest that failing to uphold the current support level could trigger short-term price declines. However, a surge in buying activity could also lead to recovery. The market remains closely watching for any signs of weakness. A stable support level is crucial to prevent drastic drops. Possible price targets include $1.98 and $1.75 if trends continue.