XRP falls 2.86% as volume drops, double top raises $0.80 risk

XRP experienced renewed selling pressure, falling 2.86% to $1.29 while trading volume dropped 24.1% to $1.28 billion in the last 24 hours. The decline in volume alongside price weakness has drawn attention from analysts monitoring key support zones, particularly as a possible double top pattern emerges on the charts. A potential double top formation is worrying traders who are closely following XRP’s price action. Crypto With Gopal, a digital asset analyst known for technical evaluations, identified two recent price rejections in the $1.65 to $1.70 range.

Source: CoinTurk News