$2.70 or nothing: XRP's final play to escape the bearish trend. 🎲
The situation is heating up. The price of XRP has been stuck in a bearish channel, as if waiting for a push. And analysts are seeing signs that this drop could continue down to $2 if it doesn't manage to hold the support of $2.70. Watch out there!
What is shaking things up? Two very clear things:
Fewer people moving the money:
The number of wallets that are active, meaning that send or receive XRP, has plummeted. It went from 50,000 in July to about 19,250 now. This is a clear reflection that people are getting scared and do not want to take risks, which makes the price more vulnerable. 📉
