XRP is currently forming a descending triangle, historically seen as a bearish pattern, with a risk of breaking down below the $1.80–$2.00 support level. If this occurs, it could push XRP's price down to its realized price level of roughly $1. Despite some analysts predicting a rise to $3.35, the descending triangle structure suggests a higher likelihood of bearish resolution. Research indicates that such triangles following uptrends see bearish breakdowns around 54-70% of the time. Current price behavior shows several tests of the support area without significant rebounds, signaling increasing seller aggression. Although there's potential for a future rally, supported by positive developments like an SEC resolution, the immediate technical structure raises concerns about significant price drops in 2025.

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