{"id":25502,"date":"2025-05-07T05:31:32","date_gmt":"2025-05-07T05:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25502"},"modified":"2025-05-07T05:31:32","modified_gmt":"2025-05-07T05:31:32","slug":"xrp-price-could-crash-to-1-7757-if-it-confirms-this-bearish-pattern","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25502","title":{"rendered":"XRP Price Could Crash To $1.7757 If It Confirms This Bearish Pattern"},"content":{"rendered":"
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Price action in the past 24 hours has seen the XRP price fall towards $2, with the risk of breaking below.<\/a> This risk comes with XRP experiencing a slow bleed over the past few days that has caused the price to compress into an interesting technical pattern on the 4-hour chart. This decline phase comes after a sharp rally in late April<\/a>, but buyers are now losing strength.<\/p>\n

According to an interesting analysis by a crypto analyst on the TradingView platform, XRP could now face a technical confirmation that could extend a crash to $1.7757.<\/p>\n

Head And Shoulders Pattern Signals Price Crash<\/h2>\n

Technical analyst KlejdiCuni outlined a well-defined<\/a> head and shoulders pattern on the 4-hour chart of XRP\/USDT. This formation is viewed by analysts as a bearish signal, particularly when it appears after a strong uptrend, as is the case here. The left shoulder formed during XRP\u2019s brief rally to $2.19 in late April, followed by a higher peak around $2.35 that created the head, and more recently, a lower high forming the right shoulder.<\/p>\n

At the time of the analysis by crypto analyst KlejdiCuni, the neckline of this pattern was along the $2.13 to $2.14 zone, and is the important support level that determines whether the pattern confirms or fails. A decisive breakdown below this neckline, particularly with increasing volume, would strongly suggest a continued crash to the downside<\/a>.<\/p>\n

Downside Targets With $1.7757 As The Full Bearish Target<\/h2>\n

If XRP confirms the head and shoulders breakdown by closing decisively below the neckline support near $2.13, which it has<\/a>, the next move is a series of bearish targets. According to KlejdiCuni\u2019s analysis, the first key level to watch is $2.0417. This zone corresponds to a horizontal support cluster formed between 16th and 22nd April, where buyers stepped in.<\/p>\n

The next major target is at $1.9323, which aligns with the swing low from April 10 and could attract some short-term buying activity. However, if the bearish momentum persists and XRP fails to find significant demand around this zone, the final downside target is at $1.7757. This level represents the full projected move derived from the height of the head up until the base of the little uptrend in April.<\/p>\n

\"XRP\"<\/p>\n

At the time of writing, XRP is trading at $2.09, down by 4% and 8.31% in the past 24 hours and seven days, respectively. This puts the crypto currently close to<\/a> the first key level of $2.0417.<\/p>\n

The next major target is at $1.9323, which aligns with the swing low from April 10 and is just below the $2 psychological level. This level could attract some short-term buying activity and prevent a further crash. However, if the bearish momentum persists and XRP fails to find significant demand around this zone, the final downside target comes into focus at $1.7757. This price level represents the full projected move from the peak of head formation. It also coincides with the base of the rally that led to the uptrend in April.<\/p>\n

\"XRP\"<\/div>\n","protected":false},"excerpt":{"rendered":"

Price action in the past 24 hours has seen the XRP price fall towards $2, with the risk of breaking below. This risk comes with XRP experiencing a slow bleed over the past few days that has caused the price to compress into an interesting technical pattern on the 4-hour chart. This decline phase comes […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-25502","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25502"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25502\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}