XRP price risks falling to $2 after classic bearish chart pattern confirms
XRP futures’ open interest has dropped sharply in the past five days, creating downside prospects for XRP price and a potential retest of the important $2 level.
Key takeaways:
XRP could be headed down to $2 following a breakdown of a classic head-and-shoulders pattern.
Declining open interest in XRP futures signals weakening trader confidence.