XRP price declines as bears tighten their grip and short bets rise.
Holders of XRP are becoming increasingly pessimistic with the weak sentiment in the broader market. Over the past few days, the altcoin has seen a decline in investor confidence.
At the same time, the recent price action reflects the cautious mood dominating the cryptocurrency market. This shift in sentiment contributed to a 3% decline in the price of the XRP token over the last three trading sessions.
