XRP price risks losing as several bearish technical and fundamental factors emerge.
price risks dropping by more than 25% in the coming weeks due to a multi-month bearish setup and fears surrounding excessive XRP supply.since topping out at its second-highest level to date — near $1.98 — in April 2021.
, raising alarms that the coin could undergo another pullback move to the pattern‘s support trendline near $0.55, amounting to a drop between 25% and 30%. Meanwhile, it kept the other 700 million XRP in an escrow account, raising anticipations that at least 200 million XRP would enter the market to
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