December 31 XRP Price Analysis 🔥🔥🔥

Live updates, no missed opportunities in the bull market

XRP may further decline to $1.83

XRP may drop another 10% to 12%, reaching the support level of $1.83. On-chain indicators show that XRP tokens worth hundreds of millions of dollars have flowed out from exchanges.

Market Sentiment and Technical Analysis

Ripple Labs' native token XRP is bearish amid ongoing market uncertainty. Most assets, including Bitcoin, Ethereum, and Solana, are also declining. Expert technical analysis indicates that XRP has broken through a descending triangle price action pattern and may continue to fall until it finds a support level.

Investor Attitude is Positive

Despite the bearish outlook, traders and investors remain optimistic about XRP. XRP spot inflow/outflow data shows that a large amount of XRP tokens has flowed out of exchanges in the past few days, which may indicate buying pressure and an ideal buying opportunity.

Current Price and Trading Volume

As of the time of writing, XRP is trading close to $2.03, with a price drop of over 4.5% in the last 24 hours. Meanwhile, trading volume surged by 90%, indicating increased participation from traders and investors during the price decline.

Live updates, no missed opportunities in the bull market