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XRP price technical breakdown boosts chances of a 40% drop by July -Breaking


The technical breakdown for the price of XRP increases your chances of seeing a drop in July by 40%

RippleXRPAs it emerges from the “descending triangle” pattern that favors the downside, the price () will be looking for potential losses in coming weeks.

Recall that XRP formed the Technical structure once $1.98 is reachedIn April 2021 it reached its second highest point to date, at 2:05 p.m. The token trended down within a range that was defined by both a horizontal support and falling trendline.

Weekly price chart with a ‘descending triangle breakdown’ setup. TradingView