Ripple price analysis (Neutral) — 2.63 USDT (-0.87% 24h)

XRP is showing signs of consolidation after recent volatility, currently trading at $2.63 with a modest 24-hour decline of 0.87%. The RSI reading of 41 suggests the asset is approaching oversold territory, potentially setting up for a near-term bounce. Trading volume remains robust at over $308 million, indicating sustained market interest despite the price dip. Technically, XRP is trading just above its 20-day SMA of $2.63 but below the 50-day SMA of $2.64, creating a critical inflection point. The current volatility reading of 2.69% suggests relatively stable conditions compared to XRP’s typical price swings. Traders should watch for a decisive break above the $2.64 resistance level for bullish confirmation, while a drop below $2.62 could signal further downside toward $2.60 support. Position sizing should remain conservative given the tight trading range.