XRP is facing bearish signals as its price drops 12.6% in five days, reaching $1.91 on June 22. Indicators such as declining open interest (OI) and negative funding rates suggest potential further declines. OI decreased by 36%, indicating investors may expect lower prices. The formation of a descending triangle pattern on the daily chart points to a target of $1.18, representing a 41% drop if support at $2.00 fails. A significant liquidity zone between $1.75 and $1.60 identified on Binance's heatmap could amplify the price decline if breached. The price movement is closely tied to the behavior of leveraged positions, indicating that maintaining levels above key support will be crucial to avoid further drops.

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