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This bearish formation spells trouble for XRP; hereโ€™s where it may drop to next This bearish formation spells trouble for XRP; hereโ€™s where it may drop to next

This bearish formation spells trouble for XRP; hereโ€™s where it may drop to next

Itโ€™s been a tough year for XRP, as the cryptocurrency failed to garner any notable momentum throughout the early part of the year while cryptocurrencies like Bitcoin and Ethereum were busy putting a significant amount of distance between their recent late-2018 lows.

This bearish formation spells trouble for XRP; hereโ€™s where it may drop to next

Cover art/illustration via CryptoSlate

Itโ€™s been a tough year for XRP, as the cryptocurrency failed to garner any notable momentum throughout the early part of the year while cryptocurrencies like Bitcoin and Ethereum were busy putting a significant amount of distance between their recent late-2018 lows.

Although the aggregated crypto market lost its momentum this Summer and has been caught within a downtrend ever since most major cryptocurrencies are still trading up from their late-2018 lows.

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