Top Analyst Presents XRP Warning Signs. You Need to See This

XRP’s monthly chart is showing signs that demand attention. Crypto analyst JD (@jaydee_757) has flagged a rejection at the 21-month exponential moving average, accompanied by what he identifies as a bearish engulfing candle. What the Chart Is Showing The monthly chart JD shared on X places XRP’s current price action near a long-term ascending trendline that has held as support since 2020. Price recently surged toward the 21M EMA, then reversed sharply. In JD’s analysis, the resulting candle forms a bearish engulfing pattern, in which the red candle’s real body completely engulfs the real body of the preceding green candle.

Source: Times Tabloid