Financial analyst Jesse Colombo warns that XRP may experience a significant crash as a head-and-shoulders pattern forms on its daily chart. A close below $2 would confirm the bearish pattern and could trigger a sharp sell-off, potentially impacting the broader crypto market. Despite the bearish outlook, XRP could stabilize if buyers step in at the $2 support level, which has previously served as a strong accumulation zone. On the other hand, analyst Captain Faibik sees a bullish pennant formation on the XRP chart, suggesting the possibility of an 80% to 100% bullish rally in the midterm and a potential target price of $5. Colombo expresses hope that a breakdown occurs to punish "crypto gamblers" and believes society will be better off when tokens fade into oblivion.



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