Yen Carry Trades Offer Brief Relief as XRP Extends Quarterly Decline

XRP is heading toward its weakest quarterly performance since 2022, with prices down about 35% in Q4 as bearish technical signals continue to dominate market sentiment. The token slipped for a fifth straight session on December 25, erasing hopes of a year end rally after repeatedly failing to clear the $2.00 resistance level. On chain indicators also weakened, with active XRP accounts falling to around 14,636, pointing to reduced retail participation.