XRP price risks 45% decline to $1.20 — Here is why
XRP ledger activity has dropped sharply in the past two months, increasing the downside prospects for XRP price to drop below the key $2 level and lower.
Key takeaways:
XRP forms a bearish descending triangle on the daily chart, risking a 45% drop to $1.20.
Declining daily active addresses signal reduced transaction activity and liquidity.
