XRP Plummets Below Key Support Levels Amid Analyst's 55% Warning
XRP's price has fallen below $2.00 and $1.90, turning these levels into resistance zones as network activity declines and whale investors continue selling.
Analyst Ali Martinez warned that XRP faces a potential 55% decline based on current market conditions.
The number of active addresses on the XRP network has dropped 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.