The gravestone doji pattern, observed on both daily and weekly charts, historically led to a 46% price drop for xrp, indicating strong bullish exhaustion and a potential significant bearish reversal.
The analysis is based on a technical candlestick pattern (gravestone doji) highlighted by a known analyst (ali charts) with historical data as a reference. however, technical patterns are not always definitive and market conditions can change.
The gravestone doji is a bearish reversal pattern, appearing after an uptrend and signaling that the market has decided to be bearish, potentially leading to a significant price decline.
The pattern forming on weekly charts and the historical 46% drop suggest a sustained bearish trend rather than an immediate short-term fluctuation. the full impact of such a pattern usually unfolds over a longer period.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Crypto analyst Alicharts highlights a candlestick pattern on the XRP charts, with potential implications for its price trend. Advertisement In recent tweets, Ali spotted a Gravestone doji forming on the XRP daily chart. He added that this might suggest a potential bullish exhaustion signal. In a separate tweet, Ali noted that this bearish reversal pattern might also be forming on the weekly chart, with potentially grave implications for the XRP price . "The last time XRP printed a gravestone doji was on the weekly chart, and the price dropped 46%," he noted. HOT Stories Morning Crypto Report: Europe Leads Ripple USD Activity on XRP Ledger, Dormant Ethereum Wallet With 6,335x Profit Fails 1 ETH Deposit, Solana Records $31 Million Weekly ETF Inflows Amid 'Buoyant' Sentiment 50 Million XRPs Sold in Less Than 24 Hours Gravestone doji forming on $XRP . Potential bullish exhaustion signal! pic.twitter.com/E1uSz9OweU — Ali Charts (@alicharts) February 15, 2026 The gravestone doji is a candlestick pattern in which the opening and closing prices of the candle are at the same level or very close to the same level. The gravestone doji has a long upper shadow and no body. Its appearance is significant after an uptrend, as it might indicate a bearish reversal. A gravestone doji often implies that the market has decided to be bearish. Advertisement You Might Also Like Mon, 02/16/2026 - 05:54 50 Million XRPs Sold in Less Than 24 Hours By Alex Dovbnya This comes amid the current uncertainty on the markets that has left market sentiment in the fear zone. The Fear and Greed Index remains in extreme fear as the crypto market continues to struggle following October's sell-off. Advertisement Optimism remains XRP reversed five weeks of losses as it ended Sunday up 3.13%, marking its first green week since the start of 2026. This signal has led some to question whether the XRP price might have found a floor after a crash to a low of $1.11 at the start of February. You Might Also Like Thu, 02/12/2026 - 15:48 XRP Price Analysis for February 12 By Denys Serhiichuk XRP saw profit-taking following a sharp rise on Sunday to $1.67. At the time of writing, XRP was down 2.79% in the last 24 hours to $1.49, amid a broader market drop ahead of a packed week of economic data. If the XRP price picks up momentum again, the next targets will be $1.67 ahead of $1.81 and $2.37, which coincide with the daily MA 50 and 200, respectively. On the other hand, support is expected at $1.34 and $1.11 if the price declines. #XRP News #XRP Price Prediction #XRP