Ripple price analysis (Neutral) — 2.48 USDT (-3.35% 24h)

XRP is showing mixed signals as it trades at $2.48, down 3.35% over 24 hours despite robust volume of $349M. The current price sits above the 20-day SMA ($2.46) but below the 50-day SMA ($2.54), indicating near-term consolidation. RSI at 56.8 suggests neutral momentum with slight bullish bias, while moderate volatility of 3.43% reflects typical market churn. Traders should watch for a decisive break above the 50-day SMA for bullish confirmation, with support likely forming around the $2.45 level. Given the elevated volume during this pullback, accumulation may be occurring. Consider scaling into positions on dips toward $2.45 with stops below $2.40. Resistance remains strong at the $2.55-2.60 zone where previous rejection occurred. The high volume decline suggests either distribution or shakeout – monitor for reversal patterns before committing larger positions.