Ripple price analysis (Bearish) — 2.31 USDT (-7.50% 24h)

XRP is showing concerning technical weakness as it trades at $2.31, down 7.5% over the past 24 hours. The cryptocurrency has broken below both its 20-day SMA ($2.35) and 50-day SMA ($2.39), indicating sustained selling pressure. With RSI sitting at 41.1, XRP is approaching oversold territory but hasn’t reached extreme levels yet. The 24-hour volume of $629 million suggests moderate participation in this downward move. Current volatility of 4% reflects typical crypto market conditions. Traders should watch for potential support around the $2.25-$2.28 zone where previous consolidation occurred. A break below this level could trigger further declines toward $2.15. For long positions, wait for RSI to drop below 35 and price action to show stabilization before entering. Short-term traders might consider selling rallies toward the $2.38-$2.42 resistance area. The overall structure remains vulnerable until XRP can reclaim the $2.45 level convincingly.