Ripple price analysis (Neutral) — 2.57 USDT (-2.32% 24h)

XRP is showing signs of potential exhaustion in its current downtrend, trading at $2.5697 with a modest 2.3% decline over the past 24 hours. The RSI reading of 35.8 indicates the asset is approaching oversold territory, which often precedes a technical bounce. However, price remains below both the 20-day SMA ($2.594) and 50-day SMA ($2.619), suggesting the broader trend remains bearish in the near term. Trading volume of $392 million demonstrates healthy liquidity, while volatility at 3.14% indicates relatively stable price action compared to typical crypto standards. For traders, consider scaling into long positions near current levels with tight stops below $2.50, targeting a retest of the 20-day SMA resistance. Short-term traders might wait for a confirmed break above $2.60 before entering positions, while longer-term holders could view this as an accumulation zone given the oversold RSI conditions.