XRP fell sharply on Friday, dropping from $1.35 to $1.17, its lowest level in seven weeks. According to analyst Ali Martinez, trader sentiment has slumped to its lowest level since July, which could limit overcrowding on the bullish side and support a reversal. Martinez sees a potential inverse head-and-shoulders pattern and cites $1.60 as the major upside target if the pattern is confirmed. Analyst CasiTrades remains more cautious and expects a move toward $1.10, with a possible bounce area around $1.125. Dark Defender argues that the broader structure remains intact and identifies $1.12 as former resistance that should now act as support.
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