<ul><li>XRP is facing concerns over a potential Head and Shoulders formation, signaling a possible price drop to $1.15.</li><li>Despite the bearish outlook, some analysts believe the current market structure suggests recovery and resilience, with XRP holding the $2 support level.</li><li>Legendary trader Peter Brandt warns that XRP may tumble to $1.07 unless it breaks above $3, which would invalidate the bearish scenario.</li><li>Trader Jesse disagrees with the bearish analysis, suggesting that the current formation resembles a reaccumulation pattern indicating a potential parabolic surge to $18.</li></ul>

Is XRP About to Crash? Analysts Warn of Head and Shoulders Formation

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