There are only a few days left until the end of 2024, and due to the passive buyers, the market is facing significant fluctuations. As a result, the volume has dropped significantly, indicating the sluggish behavior of market participants due to the uncertainties surrounding major tokens such as BTC, ETH, and XRP. Although Ripple is expanding its network, the XRP price is expected to have a positive impact. At the same time, the current trading setup and market sentiment have caused serious concerns about the upcoming price action.

Currently, the broader market sentiment is neutral as the lack of bullish momentum has paved the way for some upward pressure from the bears. The increase in volume has supported the price decline, indicating that market participants may panic sell when breaking through the 2021 high after the Token's long-term slump. Therefore, lower targets have been activated, as the price is expected to reach $1.88 if Token fails to hold the key support level of $2.