**XRP Price Faces Potential 25% Drop Amid Bearish Signals**
XRP has seen a massive 300% rally, hitting $2.10, but warning signs suggest a potential 25% drop. The cryptocurrency is trading within a descending triangle, a bearish pattern hinting at further declines. A break below the $2.10 support could push prices down to $1.64 by January 2025.
Onchain data shows large holders, or "whales," are selling off, with a notable 180 million XRP reduction among top investors. Additionally, XRP reserves on Binance are rising, often a precursor to price corrections. These factors contribute to the bearish outlook, suggesting continued pressure on XRP prices.