XRP (XRP) price dropped below $1.50 over the weekend, its lowest level in over 14 months. Now, a bearish technical setup on the charts suggests that the downtrend may extend throughout February.
Key takeaways:
XRP’s bear pennant on the four-hour chart targets $1.22.
XRP futures open interest dropped to $2.61 billion, which gives some hope for the bulls.
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