XRP Price Faces Bearish Sentiment and Macro Risks

The XRP price has shown signs of stabilization at around $1.14 after a sharp decline from $1.45. However, analysts are warning that it could drop further to $0.90 before finding a strong bottom.

Technical indicators and macroeconomic pressures, such as rising oil prices and a strong dollar, continue to pose a risk to the crypto market. This is reflected in bearish technical patterns and liquidation clusters on trading platforms.