XRP/USDLooking at the XRP/USD chart, last month’s candle closed red, indicating selling pressure. However, it remained within the range of the previous month’s candle, suggesting that while sellers are present, their momentum isn't overwhelming. Analyzing the weekly timeframe, a head and shoulders pattern has formed—a classic bearish signal. Additionally, the price broke downward from a tunnel formation, further confirming the bearish move. This could be a temporary pullback before a potential continuation to the upside. Key levels to watch for a bounce are around $2–$1.90, but if this zone fails to hold, the next support to monitor is $1.60.