XRP drops over 7% to 2.23 USD: XRP has seen a significant decline of over 7% in the last 24 hours, bringing its weekly losses to over 16%. The current trading value of XRP is 2.23 USD, with the formation of a bearish channel possibly signaling further declines towards 1.8319 USD.

A potential bullish reversal emerges: Despite the bearish conditions, there’s a possibility of a bullish reversal for XRP. Should buying interest increase, XRP could potentially rise above the bearish channel, targeting 2.4439 USD. KEY indicators, like a narrowing MACD gap, hint at a possible trend change.

Best wallet ico attracts investor interest: The Best Wallet ICO has raised over 3.1 million USD, offering an enticing staking reward of 898% APY. Investors are drawn to its ability to provide insights into presales, such as Catslap token, and its features promoting secure crypto management across multiple blockchains.