XRP Faces Potential 50% Price Drop Amid Bearish Head-and-Shoulders Pattern

XRP's price has fallen nearly 16% in the last week, according to CoinGecko data. On March 1, 2025, crypto analyst Ali Martinez suggested XRP is at risk of significant downward pressure, potentially halving its value in the coming weeks. This bearish forecast is based on a head-and-shoulders pattern forming on XRP's 12-hour chart, signaling a possible trend reversal. If XRP breaks below the neckline around $2, it could target $1.1, a roughly 50% decline. However, a strong close above $2.8 would invalidate this bearish outlook, potentially resuming its bullish trend.