XRP stuck in downtrend, but 3 data points forecast 85% bounce to new highs

XRP leverage reset as accumulation signals emerged, and the altcoin’s chart technicals predict a rebound to $4.80 by Q4.

Key takeaways:

XRP has slipped nearly 20% in 45 days, consolidating within a descending triangle near the $2.70 support.

Onchain and futures data show leverage reset and early signs of accumulation, reducing liquidation risks.

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