The price of XRP has increased by 300% in the last two months, reaching $2.10 on December 27. However, there is a possibility of a 25% correction in the short term.
- The descending triangle formation signals a potential bearish signal for XRP/USD.
- A drop below $2.10 could push the price to $1.64.
- Whale addresses dumped 180 million XRP.
- The increase in XRP reserves on Binance supports the bearish trend.
Investors should be prepared for short-term volatility.