XRP continues its downtrend, dropping 3% to $1.93. A megaphone pattern on the XRP/USD pair suggests a deeper correction, with a potential target of $0.88. Key levels to watch are $1.60 and $1.05. The weekly RSI is at 39, and NUPL has shifted from euphoria to anxiety. 41.5% of XRP holders are underwater, raising sell-side pressure. Realized losses on XRP hit seven-month highs, with daily losses spiking to $75M. XRP’s decline from $3.66 to below $2 signals potential further losses due to lack of demand and profit-taking by whales.

Read more at Cointelegraph: XRP At Risk Of Another 55% Drop If Bitcoin Continues To Sell-Off