XRP price warning signs emerge after 300% gains in two months
Whale distribution and a convincing bearish reversal indicator set up XRP for further price declines in early 2025.
XRP’s price has rallied by over 300% in the past two months and was trading at $2.10 on Dec. 27. Still, warning signs suggest that XRP/USD may erase at least 25% of those gains in the short term.
XRP/USD daily price chart. Source: TradingView
XRP’s (XRP) recent losses come as its price trades within a descending triangle pattern, a bearish structure that typically signals further declines.
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Author: Yashu Gola
