Is XRP price going to crash again?

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Coin Telegraph 16h ago

Is XRP price going to crash again? - Coin Telegraph

Quick Summary:

If bullish momentum weakens, XRP may face increased selling pressure, potentially retracing toward the realized price level near $1.02, down by over 50% from the current price levels.

Source: TradingViewIn early 2018 and mid 2021, huge divergences between XRP’s spot and realized price preceded sharp corrections toward the realized price target, as shown above.

XRP’s rising wedge flashes selloff risksXRP is showing signs of a potential breakdown as a rising wedge pattern forms on its 4-hour chart, raising the risk of a sharp short-term correction.