🚹 $XRP Double-Top ALERT 🚹

Legendary commodity trader Peter Brandt flags an M-shaped double-top on #XRP ïżŒ. XRP hit ~$2.00 resistance twice (two peaks) and failed ïżŒ.

‱ Neckline BREACHED: Price closed below the support “neckline” on the weekly chart ïżŒâ€”the classic breakdown signal.

‱ Bearish Target: If confirmed, the pattern implies a move down toward the $0.50 zone ïżŒ.

‱ Invalidation: A decisive rally above $2.00 would invalidate this setup ïżŒ (Brandt calls that a bear-trap trigger).

⚠ Caution: Brandt is a prominent, respected trader ïżŒ. Chart patterns can fail – a close back above $2.00 flips bullish.

Let’s discuss! 🚀📉

#xrp #CryptoTrading #PeterBrandt #altcoins #DoubleTop

XRP
XRP
1.3659
-1.75%