Technical Analysis and Market Entry: XRP/USD Set for Another Potential Nose Dive 

Price action for XRP/USD remains largely tilted to the downside, trading just off the lowest levels in some thirteen months. XRP/USD had smashed out from a bearish flag structure, falling from heights of $0.3100, down to recent lows of $0.2000.

Price action has very recently formed a double top pattern, after hitting $0.2315 on two occasions and being dealt with rejection. In addition to the above-detailed double top formation, price action can be seen narrowing within a bearish pennant structure.

Timeline of Xrp