<ul><li>The price of XRP has recorded a significant downtrend, declining by almost 5% in the last 24 hours.</li><li>Renowned market analyst Ali Martinez has identified a bearish head-and-shoulders pattern on the XRP price chart, signaling potential further price drops.</li><li>A definitive bearish signal will be confirmed if XRP breaks below the neckline at $2.20, potentially resulting in a 50% decline to around $1.20.</li><li>Despite the current price decline, the XRP community remains largely bullish according to CoinMarketCap data.</li></ul>

XRP Price Chart Signals Trouble – Is A Drop To $1.20 Possible?

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