Ripple flashes sell signal, suggesting correction to $0.82

  • XRP price presented a sell signal on the 4-hour chart.
  • The bearish formation came after a significant rebound. 
  • A spike in selling pressure could send XRP drop to $0.82.

XRP price has enjoyed a significant rebound over the past few hours, but technical data suggest it could be about to reverse

XRP price looks ready to retrace

In the following video, FXStreet’s analysts evaluate where XRP price could be heading next as Ripple presents a sell signal.