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Jordan Lyanchev

XRP’s Spike to $1.65 Forms Weekly Gravestone Doji as Analysts Eye Potential Drop Toward $0.80

XRP, Ripple's cross-border token, briefly jumped to over $1.65 before falling back below $1.50, wiping out most of its weekend advance. Analysts said this weekly price action formed a gravestone doji, a bearish candlestick pattern that previously preceded a 46% slide in XRP. One projection suggests the price could break below $1.00 and approach $0.80, while others view the move as a healthy pullback in a low-liquidity environment.