XRP Faces 55% Decline as Network Activity and Whale Selling Pressure Mount

XRP's price has plummeted below critical support levels at $2.00 and $1.90, turning both into resistance zones as network activity declines and whale investors continue selling.

Analyst Ali Martinez warns that the token faces a potential 55% decline based on current market conditions.

The number of active addresses on the XRP network has fallen from 46,000 to under 39,000 within several days, according to Martinez.

This decline in network activity coincides with the holiday season, when investor participation typically decreases.