Ripple price analysis (Neutral) — 3.03 USDT (-1.36% 24h)

XRPUSDT is currently trading at $3.03, down 1.36% over the past 24 hours, showing slight bearish pressure amid moderate volatility of 2.37%. The RSI reading of 21.26 indicates severe oversold conditions, often a precursor to a potential reversal or bounce. Volume remains robust at nearly $350 million, suggesting active participation. Price is hovering just below both the 20-day SMA ($3.08) and 50-day SMA ($3.07), indicating weak short-term momentum but not a significant breakdown. Given the oversold RSI and proximity to key SMAs, a tactical long position could be considered with a tight stop below $3.00, targeting a retest of $3.10–$3.15. Monitor for any regulatory news, as XRP remains highly sensitive to legal developments.