XRP Price on Track for 50% Crash as Bearish Pattern Emerges

Ripple’s XRP price has experienced a significant downturn this year, dropping over 37% since reaching its peak in November. Currently trading at $2.15, XRP is mirroring levels last seen on January 1st. Recent analysis reveals a bearish pattern developing, suggesting a potential 75% crash to $0.52. This decline is compounded by other concerning signals. The number of active addresses on the XRP network has plunged from 612,000 in March to just 16,000 today. Additionally, prominent whale investors are selling their holdings at an accelerated pace.