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XRP price risks 45% decline to $1.20 — Here is why

cryptoweekly by cryptoweekly
May 5, 2025
in bitcoin, News
0

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.

Read more

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Recent Posts
  • Bitcoin Knots gain ground: Will a chain split kill BTC price?
  • ‘Policy procrastination’ leaves UK trailing EU, US in crypto regulation: Experts
  • XRP price rally’s biggest earners are selling $68.5M tokens every day
  • XRP price rally’s biggest earners are selling $68.5M tokens every day
  • ZachXBT slams Bitcoin bridge Garden Finance for laundering hacked funds
  • Nakamoto Holdings secures $51.5M to expand Bitcoin treasury strategy
  • Crypto cycle is playing out ‘spookily similar’ to 2017: Raoul Pal

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