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XRP chart pattern raises downside risk for recent buyers

XRP’s chart structure echoes February 2022 patterns, raising downside risk as weakening momentum and fragile crypto sentiment weigh on recent buyers.
XRP price action is forming technical patterns similar to those seen in February 2022, increasing pressure on recent buyers. Analysts noted weakening momentum and the emergence of lower support levels. Historical comparisons point to downside risk if overall crypto sentiment stays weak. Traders are monitoring key technical zones, with further declines possible should selling pressure intensify across broader digital asset markets.