XRP recently saw a 27% drop from 3.40 USD to 2.30 USD, indicating market volatility. Despite the decline, the Relative Strength Index (RSI) shows recovery potential. XRP outflows surged, reflecting selling pressure during this price adjustment.

As Bitcoin stabilizes, altcoin interest, particularly in XRP, is rising. The XRP/BTC pair’s recent uptrend suggests more engagement in altcoins. Currently, XRP outperforms Bitcoin, but a strong resistance at 2.50 USD poses challenges for any rally.

Despite market dynamics favoring quick gains, long-term HODLing of XRP appears pressured. The overall crypto market is experiencing slight growth, but uncertainty remains. A conservative approach to a potential 27% price increase seems prudent for investors.