XRP price chart and whale activity warn of a drop below $1

XRP has formed a classic bearish pattern on its two-day chart, and if confirmed, a price drop to $0.80 could be in the cards over the next few weeks.

XRP (XRP) may slide deeper as its bearish chart structure converges with renewed whale activity on Binance.

Key takeaways:

A developing bear pennant keeps an XRP price drop toward $0.80 in play.

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