XRP price corrects as investors book profits and hope for a spot XRP ETF crumbles.
XRP (XRP) price has dropped 10% in January as investors book profits and broader bearish sentiment takes over the cryptocurrency market.
XRP price now appears primed for further losses in the short term, primarily due to a classic bearish pattern.
On Jan. 3, XRP broke below the support line of a descending triangle at $0.5934, risking a 17% correction.
