According to the source, XRP declined about 7.5% this week and a rounded-top pattern implies a potential move toward 2.09 if support fails, signaling elevated downside risk for short-term traders (source). Ripple’s Swell conference is upcoming, which the source indicates could introduce event-driven volatility without invalidating the stated technical setup (Ripple; source). Traders monitoring XRP may focus on support/resistance reactions and predefined invalidation levels consistent with standard technical analysis risk management practices (John J. Murphy, Technical Analysis of the Financial Markets).