🚨 $XRP Double Top WARNING 🚨 Oh my God… this chart doesn’t look good 👀 Legendary trader Peter Brandt just dropped a bearish warning on $XRP. 📉 What’s happening? Brandt says XRP may have formed a Double Top — one of the most dangerous reversal patterns. 🅼 Double Top Explained (Simple): Price goes up ➝ pulls back ➝ goes up again to the same level ➝ fails. This shows buyers are exhausted and sellers are taking control. 🔴 Key Chart Levels: • Top black line = Strong resistance (XRP hit it twice and failed) • Bottom black line = Neckline / critical support • Current candle = Already breaking below support ⚠️ 👉 A weekly close below the neckline confirms the pattern. 🧠 Extra Bearish Sign: On the second top, Brandt spotted a descending trendline, meaning sellers stepped in before the breakdown. 🎯 Target? Brandt didn’t say it directly, but using classic technicals: ➡️ $XRP could revisit the $0.50 zone if this pattern fully plays out. 🐻 Invalidation / Bear Trap: If XRP suddenly reclaims $2.00+, this setup fails — and Brandt admits he’s wrong. ⚠️ Bottom Line: Right now… data is bearish. Trade carefully and manage risk.
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