"Over the past month, XRP has fallen 22.6% to around $2.30. The chart shows a steady downtrend. Recovery attempts keep failing as sellers remain in control. XRP has dropped below the Bollinger Band midline, with resistance near $2.46. The lower band at $2.24 provides temporary support, but repeated tests suggest it could break under more selling pressure. Buying interest is weak, and trading volume has dropped compared to past surges. Short-term moving averages (MA5 and MA10) sit above the current price, signaling bearish momentum."
"Despite recent weakness, XRP's long-term performance remains strong. Holders are still up over 350% in the past year. Market sentiment leans cautious, and XRP must stay above $2.20 to prevent even greater losses. The recent drop after the crypto flash crash hasn't erased its solid yearly gains, but the short-term trend remains weak. Buyers are waiting for clearer signals before stepping in again."
XRP fell more than 20% during a crypto flash crash, briefly rebounded above $2.40, then fell again as sellers regained control. Over the past month XRP declined about 22.6% to roughly $2.30, with a steady downtrend and failed recovery attempts. Technical indicators show price below the Bollinger Band midline, resistance near $2.46, fragile support at $2.24, and short-term moving averages signaling bearish momentum. Trading volume has declined and buying interest is weak. Holders remain up over 350% year-over-year, and XRP must hold above $2.20 to avoid larger losses. Potential catalysts for a move include Ripple Prime, institutional demand, regulatory progress, and expanded market access.
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