So, here we are, folks. Crypto analyst Alicharts is having a little moment with the XRP charts, and guess what? He’s spotted a Gravestone doji. And no, it’s not a new trendy cocktail; it’s a candlestick pattern that apparently has some big implications for XRP’s price trend. Seriously, what’s next? A candlestick that tells your future?
In his recent tweets – because who doesn’t love a good tweet, right? – Ali pointed out that this Gravestone doji might just be suggesting we’re hitting a wall here, indicating some bullish exhaustion. Sounds dramatic, doesn’t it? Like a soap opera but with more charts and fewer tears.
But wait, there’s more! In another tweet – again, with the tweets – he mentioned this bearish reversal pattern on the weekly chart. And let me tell you, if history is any guide, the last time XRP decided to throw a gravestone doji party, it plummeted 46%. So, that’s a nice little tidbit to chew on. Thanks, Ali!
50 Million XRPs Sold in Less Than 24 Hours
Gravestone doji forming on $XRP.
Potential bullish exhaustion signal!
– Ali Charts (@alicharts) February 15, 2026
Now, let’s break down this gravestone doji, shall we? It’s like that awkward moment when your opening and closing prices just can’t seem to get it together. They’re practically twins! And with a long upper shadow and no body, it’s like the candlestick equivalent of someone saying, “I’m fine!” while looking anything but. It’s significant after an uptrend, suggesting the market might just be throwing in the towel and saying, “Nah, I’m good.”
This comes amid all the uncertainty on the markets, which, let’s face it, is about as comforting as a cold shower in December. The Fear and Greed Index is still deep in the fear zone, as crypto continues to struggle like a cat in a bathtub following that sell-off back in October.
Optimism remains
But don’t count XRP out just yet! It reversed five weeks of losses and ended Sunday up 3.13% – its first green week since the start of 2026. Cue the confetti, right? Or maybe just a polite golf clap?
This little uptick has led some to wonder if XRP has finally found a floor after crashing to a low of $1.11 earlier in February. Because who doesn’t want to hit rock bottom just to bounce back, like a bad sitcom that gets renewed for another season?
XRP did see some profit-taking after a sharp rise on Sunday to $1.67. But hold your horses! As of now, it’s down 2.79% in the last 24 hours to $1.49, just in time for a market-wide drop ahead of a week packed with economic data. Perfect timing, right?
If XRP decides to get its act together and pick up momentum again, the next targets will be $1.67, then $1.81, and eventually $2.37, which just so happen to line up with the daily MA 50 and 200. On the flip side, if it takes a nosedive, expect support at $1.34 and $1.11. Because, much like my high school report card, it’s all about managing expectations!
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2026-02-16 20:10