XRP is trading within the 2.19 USD to 2.25 USD range, with a significant 24-hour trading volume amounting to 7.85 billion USD. This substantial volume highlights the continuous interest in XRP despite the prevailing downtrend across all MAJOR timeframes. Such movements underscore the token’s volatility and the market’s bearish sentiment.

The daily XRP chart reveals a consistent downtrend, marked by lower highs and lower lows. The large red candles with HIGH trading volumes indicate intensified selling pressure, contributing to the bearish outlook. Resistance is noted between 2.4 USD and 2.5 USD, while support is proximate to 2.2 USD, reflecting key levels to watch for potential shifts.

On shorter timeframes, XRP faces constant rejection near the 2.4 USD to 2.45 USD mark, indicating strong resistance. The short-term moving averages show bearish signals while long-term moving averages suggest potential support. Mixed oscillator readings add to the complexity, with oscillators showing neutral sentiments while other indicators hint at both buy and sell signals.