Ripple price analysis (Bearish) — 2.27 USDT (-5.48% 24h)

XRP is showing significant technical weakness as it trades at $2.27, down over 5% in the past 24 hours. The current price sits below both the 20-day SMA ($2.34) and 50-day SMA ($2.42), indicating sustained bearish pressure. With RSI at 33.23, XRP is approaching oversold territory but hasn’t yet reached extreme levels that typically signal a reversal. The 4.1% volatility reading suggests moderate price swings, while substantial $472M daily volume confirms active institutional interest. Traders should watch for potential support around the $2.25 level – a break below could trigger further declines toward $2.15. For long positions, waiting for RSI to dip below 30 and show bullish divergence would provide better risk-reward entry points. Short-term traders might consider range-bound strategies between $2.25-$2.40 until clearer directional momentum emerges.