XRP currently trades at 2.37 USD, marking a 3.7% decline in the last 24 hours. The market capitalization is at 136 billion USD, while daily trading volume is 4.58 billion USD. Price fluctuations in the past day ranged between 2.34 USD and 2.46 USD, staying 30.1% below the all-time HIGH of 3.40 USD.

XRP’s daily chart shows stabilization after an upward trend from 2.00 USD to 2.50 USD. Key support levels are 2.20 USD and 2.00 USD, and resistance at 2.50 USD and 2.65 USD. Indicators such as MACD and momentum hint at Optimism, with encouraging buy signals from EMAs and SMAs across different timeframes.

Despite long-term bullish signals, short-term analysis suggests exhaustion and selling pressure. A drop below 2.35 USD support could lead to further decline towards 2.20 USD, driven by bearish indicators from tools like Stochastic and HMA. Conversely, holding above support and breaking 2.50 USD resistance could set the stage for a rally.