<ul><li>Ripple faced rejection at the upper boundary of descending wedge, leading to a significant decline.</li><li>XRP slipped below the 100-day and 200-day moving averages, indicating a potential extended correction.</li><li>A death cross was observed as the 100-day moving average crossed below the 200-day moving average, signaling bearish sentiment.</li><li>Support levels to watch for are around $2 and $1.5, with the focus on potential downtrend continuation unless a strong reversal occurs.</li></ul>

Ripple Price Analysis: Bearish Signs Flash as XRP Prepares for Further Downtrend

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