Ripple Price Bear Flag Failure
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XRP Price OutlookCoinGape
•Business
Business & Economics
XRP Price Outlook: Bears Target $1.60 as 90-day MVRV Signals Top

64% Informative
XRP price faces a potential 26% crash to $ 1.63 after a breakdown from a bear flag pattern.
The 90-day MVRV ratio has surged to an overheated zone that may cause a surge in profit-taking.
However, the MFI is rising and stands at 56 suggesting that the bear flag breakdown could be a bear trap.
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