The price of Ripple (XRP) is currently declining along with the rest of the cryptocurrency market and may continue to drop further if Bitcoin does not recover soon. On the XRP/USDT daily chart, the price has been trending lower after being rejected from the $3 resistance zone in January. It is currently testing the $2 support level, and if it breaks down, it could decline towards the 200-day moving average around $1.6. However, the oversold region on the Relative Strength Index (RSI) suggests a consolidation or bullish pullback may occur in the coming weeks. Compared to Bitcoin, Ripple is holding up relatively well as it has not experienced a significant drop. However, this is largely due to Bitcoin's own decline. The next target for XRP against Bitcoin is likely the 2000 SAT support level, as the RSI indicates bearish momentum. The long-term outlook for XRP will depend on its ability to stay above the 200-day moving average around 1700 SAT.



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