šØ $XRP Double-Top ALERT šØ
Legendary commodity trader Peter Brandt flags an M-shaped double-top on #XRP ļæ¼. XRP hit ~$2.00 resistance twice (two peaks) and failed ļæ¼.
⢠Neckline BREACHED: Price closed below the support ānecklineā on the weekly chart ļæ¼āthe classic breakdown signal.
⢠Bearish Target: If confirmed, the pattern implies a move down toward the $0.50 zone .
⢠Invalidation: A decisive rally above $2.00 would invalidate this setup  (Brandt calls that a bear-trap trigger).
ā ļø Caution: Brandt is a prominent, respected trader ļæ¼. Chart patterns can fail ā a close back above $2.00 flips bullish.
Letās discuss! šš
#xrp #CryptoTrading #PeterBrandt #altcoins #DoubleTop

XRP
1.4117
+4.52%