Posted 3/21/2024, 8:00:00 PM
Ripple Faces Uphill Battle to Reverse Fortunes as XRP Struggles to Rally Support
- Ripple price struggling to break out of ongoing downtrend, restricted for months
- XRP needs to validate bullish reversal pattern, but investor behavior not optimistic
- XRP holders slowly pulling away, network growth declining indicating losing traction
- Active addresses hit 3-month low, showing waning bullish interest
- Double bottom pattern could fail if XRP can't breach neckline, potentially revisiting $0.50 lows
