According to Cointelegraph, XRP is forming a descending triangle, which has historically been bearish more than half the time. If it breaks below the $1.80-$2.00 support, it could trigger a price drop to $1.
Despite the bearish risks, fundamental factors such as the resolution of the SEC lawsuit or the approval of an XRP ETF could drive future increases. Analysts predict a significant price rise in 2025.
Despite the bearish risks, fundamental factors such as a resolution to the SEC lawsuit or approval of an XRP ETF may drive future increases. Analysts predict a significant price rise in 2025.
XRP is forming a descending triangle, and historically this pattern has been bearish more than half of the time. If it breaks the $1.80-$2.00 support, it could trigger a price drop to $1.