-
@ CoinDesk - by layer3.news
2025-05-20 16:47:45
nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqq9sxacsjnfjmzwav4dun5vmmaefretgj6w5cawsj223lc20k8c4sm8nhef
✍️ XRP is experiencing significant selling pressure after failing to maintain momentum above $2.40, forming a bearish head-and-shoulders pattern on short-term charts.
👉 XRP formed a distinct head-and-shoulders pattern after rallying to a peak of $2.411
👉 Significant resistance established at the $2.40 level with high-volume selling pressure
👉 Support at $2.345 was tested multiple times before breaking during the 13:00 hour
👉 Price declined from $2.341 to $2.329 in the last hour of trading, representing a 0.5% drop
#AliMartinez #technology
nostr:nevent1qvzqqqqqqypzqqtqdm3p9xn9kya6e2me8gehhmjj8jk395af36apy54rls5lv03tqyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqa0ltz9rxpuscncamhqkx4m8fcjpxhndjv4nds84q87sr67y9mrrs0kp24g