The price of Ripple's XRP has been in a downward trend after a significant increase, and it is expected to fall below the $2 support mark soon. An analysis of the XRP/USD one-chart shows that it is trapped in a bearish descending triangle pattern. This pattern indicates increasing selling pressure and suggests a potential bearish breakout if the price falls below the support at $2. XRP whales, who hold a significant number of tokens, have been selling off their holdings, contributing to the downward pressure on the price. If selling pressure continues, the price could drop to $1.88 or even $1.34. However, a shift in sentiment to bullish could lead to a price increase and a breach above the resistance at $2.18, potentially reaching the multi-year high of $2.90.



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