XRP Could be Facing a 18% Breakdown, Hidden Bear Flag Pattern Shows

What: XRP price may be building a bear flag pattern, potentially leading to an 18% breakdown.
Why: The recent bounce from $1.31 to $1.35 may be a false signal, rather than the start of a sustained recovery.
Signal: XRP has already corrected 18% since peaking at $1.60 on March 17.
Target: A breakdown could potentially push XRP price below $1.10.
Risk: The broader market conditions are not favorable for XRP, increasing the risk of a further decline.