Ripple's XRP reached a new all-time high of $3.41 on January 16, but profit-taking by traders has led to selloffs and threatens the sustainability of its recent gains. XRP experienced its highest single-day capital outflow in the past 30 days, indicating caution and a lack of confidence. The declining daily trading volume and negative divergence suggest the recent rally may not be sustainable, potentially leading to a reversal or consolidation. If selloffs continue, XRP's price could fall to $2.45, but if the uptrend continues, it could surpass its all-time high.



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