A Gravestone Doji near $1.65. If you’re not into candlestick lingo, here’s what happened: buyers tried to break out, but sellers crushed the move. Now, XRP’s stuck around $1.45, and people are bracing for the worst.
This pattern looks rough. When you see a candle where the open, close, and low are all near the same spot, but there’s a long upper wick, it means buyers got overpowered. That’s not just some technical trivia—last time something like this showed up on a higher timeframe, XRP sank 46%. That’s why everyone’s watching it now.
Trading volume faded as XRP tried to rally. That’s another sign the run might be losing steam. Even the options market isn’t exactly screaming confidence right now—flows seem cautious, not bullish. So yeah, the mood around XRP just got a lot more nervous.
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Note all information gethered from source website
