Could XRP price lose another 70% by Q3? By Cointelegraph

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Could XRP price lose another 70% by Q3?

Ripple (XRP) continued its correction trend on April 25, falling by 5.5% to reach $0.64, its lowest level since Feb. 28.

The plunge increased the possibility of triggering a bearish reversal setup called descending triangle. While these patterns form usually during a downtrend, their occurrences following strong bullish moves usually mark the end of the uptrend.

weekly price chart. Source: TradingView
XRP/USD correlation efficiency with . Source: TradingView