Ripple price analysis (Bearish) — 2.86 USDT (-3.63% 24h)

XRP is showing concerning technical signals as it trades at $2.86, down 3.63% over the past 24 hours. The cryptocurrency has slipped below both its 20-day SMA ($2.88) and 50-day SMA ($2.95), indicating weakening momentum. The RSI reading of 43.4 suggests the asset is approaching oversold territory but hasn’t reached extreme levels yet. Trading volume remains substantial at $441 million, showing continued market interest despite the price decline. The current volatility of 2.47% indicates moderate price swings, which could present both risks and opportunities for traders. Given the break below key moving averages, traders should consider waiting for a confirmed reversal pattern before entering long positions. Support appears to be forming around the $2.80 level, while resistance sits near the $2.95 SMA confluence. Risk management remains crucial in this environment, with stop-losses recommended below $2.75 for those holding positions.