Analysts are pointing to a so-called 'Bart Simpson' pattern in the price charts of XRP and bitcoin as both cryptocurrencies experience a pullback. The pattern, named for its resemblance to the character’s spiky haircut, is being cited as a potential indicator of short-term price direction.
The broader cryptocurrency market has seen declines across major assets, with XRP and bitcoin among those affected. Further verified details on the drivers behind the pullback were not immediately available.
