Unfortunately for its holders, a stable exchange flow does not help XRP to continue trading above $0.9. The asset is currently trading at $0.83 after losing 16.8% of Its previously gained value in less than one week. The first signs of a retrace have appeared on XRP after the asset started moving up on Dec. 20 and gained 21% in four days. In the long term, XRP has been continuously moving down since reaching its most recent high of $1.3.
During the long-term downtrend, the asset lost almost 40% of its value and even more compared to its all-time high of $2.