Just checked XRP's daily chart and there's something worth paying attention to right now. The coin's sitting around $1.32 after a rough 24 hours, but what caught my eye is this gravestone doji pattern forming on the monthly timeframe. If you've been following XRP for a while, you probably remember the last time we saw a similar doji candle setup—it preceded a nasty 46% drop. Not saying it's guaranteed to happen again, but the pattern is definitely there.

The technical picture looks pretty weak honestly. Price is bouncing around but stuck below both the 50-day and 200-day moving averages, which screams downtrend. There's resistance sitting around $1.65 that's been rejected multiple times, and the $1.41 support is the real test right now. Volume indicators suggest selling pressure during these bounces, not buying conviction.

So here's the thing—this doji candle formation is a heads-up to stay cautious. Until we see XRP actually break above $1.65 with real strength, I'm watching for potential moves toward $1.41 and lower. The next few days will tell us if this is a real recovery or just another fake-out bounce. Either way, the risk/reward setup doesn't look great for bulls at the moment.