XRP Gravestone Doji Signals Potential Price Reversal Amid Market Hesitation

XRP has shown an upward trend after a period of decline in 2025. Recent analysis suggests a cautious outlook due to certain market patterns.

Gravestone Doji Analysis

  • A gravestone doji appeared on XRP's weekly chart, identified by analyst Ali Martinez.
  • This candlestick pattern indicates a potential bearish reversal, as sellers push prices down after initial buyer dominance.
  • The upper wick reaching $2.41 shows resistance and a price decline towards $2.06 support.
  • The gravestone doji signals a loss of bullish momentum, highlighting hesitation among buyers.

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Key Price Levels for XRP

  • XRP must close below $2.00 on the weekly chart to confirm a bearish trend, with potential further decline to $1.88.
  • If the doji closes above $2.00, it could signal positive momentum if the $2.10 – $2.30 resistance is overcome.
  • Currently, XRP is trading at $2.08, showing a slight increase of 0.31% in the last 24 hours.

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