XRP, the native token of Ripple Labs, is currently facing bearish sentiment and is expected to continue its downward momentum in the next few days. However, there are some positive developments that could potentially boost the token's price in the future, such as a meeting between Ripple's CEO and Donald Trump before his inauguration, as well as the potential launch of an XRP Exchange-Traded Fund (ETF) this year. Despite these positive factors, market sentiment is currently suppressing the impact, and XRP may experience further price declines. Expert technical analysis suggests that if XRP breaks yesterday's low, it could drop by 8% and reach the support level of $2. However, long-term holders and whales remain optimistic about the altcoin, as they are accumulating tokens. Currently, XRP is trading near $2.25 and has experienced a price decline of over 2.90% in the past 24 hours.



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