Crypto Michael's Oct. 29 chart shows XRP (XRP) turning lower near $1.34 in late October, while its sharper descending channel leaves a projected lower edge around $1.22.
His Oct. 29 post on X treated $1.34 as a prerequisite for a possible next advance. The post also leaves room for XRP to touch $1.22 on a final retreat.
Crypto Michael's earlier chart segment marks $1.68 as a peak, with the price then tracing a falling channel. That pattern was broken in late September; XRP climbed to $1.65 afterward, before retreating again.
The newest drawing angles down more sharply, placing its upper edge around $1.34 and projecting the bottom near $1.22. A previous EconoTimes XRP chart analysis examined a separate downside scenario.
