XRP Plummets: Technical Charts Predict Continued Weakness

XRP’s price has experienced a sharp decline, dropping below key support levels as technical indicators signal further downside pressure. The token is struggling to regain lost momentum and currently trades around $2.37 after falling to $2.19. Market indicators highlight growing selling pressure, with XRP breaching the middle line of its Bollinger Bands and approaching the lower boundary. This suggests a potential for a sustained downward trend.