#MarketPullback
The XRP token confirms a bearish descending triangle on the daily chart, with a risk of falling 18% to US$2.40. The spot buyer's CVD remains negative, suggesting a decrease in investor demand.
The token needs to recover the support level of US$3 to avoid a deeper drop to US$2.24. The last two times the price recovered this level in the recent past were in mid-July and early August, with rebounds of 25% and 15%, respectively.
