XRP Faces Crucial Price Test: Will $1.87 Hold or Break?

XRP hovers at key $1.87 neckline, testing Head and Shoulders breakdown risk. Shrinking volatility and weak ADX suggest a sharp price move may be imminent. Open interest climbs to $1.6B, with futures up 9.35% amid breakout speculation. The price of XRP is at a major technical inflection point as it tests a vital support level that forms the “neckline” of a potential Head and Shoulders top pattern. The formation, highlighted by veteran analyst Peter Brandt, has put the market on high alert, as a break of this level could determine the asset’s next major directional move. XRP is currently trading at $1.97 , showing a mere 1.80% increase over the last 24 hours, still down 14% over the past seven days. The focus has now shifted entirely to the chart’s structure. Treat the Apr 7 overshoot as an out-of-line movement and we have a possible H&S top in $XRP For the sake of the uneducated trolls among you, this chart need NOT be interpreted as bearish Price is at support right now I will review if price closes below 1.8xxxx pic.twitter.com/YlsqLi2SzN — Peter Brandt (@PeterLBrandt) June 23, 2025 Neckline at $1.87 Is the Key Level to Watch Brandt identifies the Apr… The post XRP Faces Crucial Price Test: Will $1.87 Hold or Break? appeared first on Coin Edition .

Source: Coin Edition