The XRP price has shown strong bearish momentum, with a symmetrical triangle forming on the 4-hour chart. Analyst Ali Martinez predicts a potential 30% drop, targeting $0.93. The pattern suggests a breakdown below the triangle's lower boundary.
This breakout often triggers sharp volatility, as traders react to the move. Martinez advises waiting for confirmation via two bearish candles closing under the trendline.
As of now, XRP trades at $1.34, up just 0.6% in 24 hours.