XRP Faces Turning Point as Momentum Shows Signs of Weakness Post-Breakout
XRP’s recent rally is showing troubling signs as it approaches a potential reversal zone. The cryptocurrency experienced a strong breakout above a descending trendline on the 4-hour chart. However, both price and trading volume appear to be declining, forming a rounded top pattern. This could indicate a weakening momentum and possible volatility in the near future. Investors should proceed with caution as XRP navigates this critical test. Understanding market behavior during such phases is crucial for protecting investments and making informed decisions.