#Binance250Million
🔥🔥🔥 XRP Price Risks 20% Reversal as Sellers Gain Ground ! 😲
💡 Meta Description:XRP price drops 7% to $2.33 amid profit-taking. A breakdown below $2.20 may trigger further downside risks.
XRP price fell as low as $2.30 on Sunday, January 5, down 7% within the 24-hour timeframe. Recent trading data shows that XRP is witnessing intense sell-side pressure. Is Ripple price at risk of double-digit losses in the week ahead?
XRP Price Retraces 7% as Profit-Taking Begins
XRP price action has experienced downward volatility in the last 24 hours, after a remarkable start to 2025. As the global crypto market rally entered its 5th day, investors began to reshuffle capital across the markets, with the likes of XRP and Shiba Inu (SHIB) witnessing bearish tailwinds.
The TradingView chart above illustrates how XRP prices climbed 25% between December 30 and January 4. But after a 5-day winning streak, early profit-taking signals have emerged as XRP price retraced 7% from $2.50 to $2.33 in the last 24 hours.
With the broader crypto market sentiment still largely positive, recent declines in XRP transaction volumes suggest traders could be rotating gains towards other assets.
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