This is a tough week for XRP of Ripple as trading volume has dropped sharply and the price has decreased. On Monday, XRP fell over 7% for the week, while daily trading volume decreased from $37.5 billion to $2.5 billion. Nevertheless, XRP still recorded a 10% increase in December without the support of trading volume. This opens up opportunities for altcoin traders as prices drop. 📉

Analysts like Zach Rector believe that XRP is undervalued. Fibonacci analysis and Elliot Wave suggest a potential bullish reversal in January, with a key support level at $2. Analyst Peter Brandt predicts that the price of XRP could reach $2.71 soon. 🚀