nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgryl6hnpzvpcg5lcqe7v27fqdg8en5r5jeghgr2ew6wnwe2dylvm5vpe6l9
✍️  Veteran chartist Peter Brandt has shared a technical breakdown of XRP's weekly chart, pointing to a bearish market structure and warning of downside implications.
👉 Peter Brandt has identified a potential double top pattern on XRP's weekly chart
👉 The pattern is bearish and carries downside implications
👉 Brandt advises traders to accept the chart's signals and deal with the implications
👉 A sustained move back above the support at $2 would delay any breakdown into the $1 range
👉 A further sustained reclaim of highs around $2.2, $2.5, $2.7, and $3 would invalidate the double top

#PeterBrandt #technology
nostr:nevent1qvzqqqqqqypzqe874ucgnqwz987qx0nzhjgr2p7vaqayk296q6ktkn5mk2nf8mxaqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgzzzafkpv2qdy9fp7dpvjuh237hrucxlxyyqkq3q2cnaqt8802c5qdtlhkq