XRP Losing Ground

🟡Cryptocurrency investor Elite Crypto has vowed never to invest in XRP again. Ripple co-founder Chris Larsen recently donated $10 million worth of XRP to Kamala Harris. Over the past five years, XRP has risen only 74%, while Ethereum increased by 1,260%, and Bitcoin by 628%. Last year, XRP was among the laggards as its price dropped by 5%, while ETH and BTC grew by 39% and 98%, respectively.

🟡The XRP price chart shows a concerning situation. On October 24, the coin’s price settled below a descending triangle line that has been forming since July. XRP’s value could potentially drop by 40% from its current level.