$XRP

Based on the time and price cycles, and the fractal analysis shown in the chart, there appears to be a strong bearish potential for XRP if the lack of buying momentum to reverse the current trend continues. The expected scenario, under these circumstances, is for the price to decline towards the $1.62 level as a first target.

Therefore, it is important for investors to be aware of potential volatility, and to monitor key support levels and the level of liquidity available in the market. If strong momentum is not recorded soon, the currency may face additional pressure that may test lower levels.

Reminder: This is a technical analysis intended to guide you with the current data, and is not considered as definitive investment advice. Risk management is essential in such circumstances.