$SKOP I just checked the daily chart of XRP and there’s something worth paying attention to right now. The coin is hovering around $1.32 after a tough 24-hour period, but what caught my eye is this gravestone doji pattern forming on the monthly timeframe. If you’ve been following XRP for a while, you probably remember the last time we saw a similar doji candle setup — which preceded a 46% drop. I’m not saying it will happen again, but the pattern is definitely there.

The technical picture looks quite weak, honestly. The price is oscillating but stuck below the 50 and 200-day moving averages, indicating a downtrend. There’s resistance around $1.65 that has been rejected multiple times, and the support at $1.41 is the real test right now. Volume indicators suggest selling pressure during these bounces, not buying conviction.
So, here’s the point — this doji candle formation is a warning to stay cautious. Until we see XRP actually break above $1.65 with real strength, I’m watching for possible moves toward $1.41 and below. The coming days will tell if this is a true recovery or just another false breakout. Either way, the risk/reward ratio doesn’t look favorable for the bulls at the moment.