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

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. The XRP (XRP) price is flashing warning signs as a bearish technical pattern resolves on lower timeframes, coinciding with massive long liquidations and decreasing open interest. XRP H&S pattern hints at a 14% price dropXRP price action has formed a head-and-shoulders (H&S) pattern on its four-hour chart since May 9, projecting a likely down-move source: https://cointelegraph.com/news/xrp-price-falling-2-classic-bearish-pattern-confirms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound