XRP has experienced a 24% decline over the past week, deviating from its typical recovery trend as selling pressure intensifies across the market. According to NS3.AI, transaction data reveals ongoing panic selling, with numerous loss-making trades and substantial XRP inflows to exchanges, indicating increasing investor apprehension. To prevent further declines, XRP needs to maintain support above $1.37, while regaining the $1.58 level is crucial to reestablish bullish momentum.

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