XRP is experiencing a bearish trend with lower highs and lower lows on its daily chart, suggesting sustained downward momentum. Significant resistance is found between $2.4 and $2.5, while support is near $2.2. The large red candles and high trading volume indicate intensified selling pressure. On the 4-hour chart, XRP faces rejection near the $2.4 to $2.45 range, solidifying it as a strong resistance zone. A recent decline brought the price to $2.2, where a potential short-term support has formed. Weak buying interest during recovery phases suggests continued bearish sentiment. The 1-hour chart shows a breakdown from the $2.3 range with increasing volume, reinforcing the overall bearish sentiment. XRP's oscillator readings are mixed, with some indicators showing neutral sentiment, but the overall momentum is bearish. Moving averages indicate a bearish outlook in the short term, although long-term support is possible. A rebound from the $2.2 support level, combined with buy signals from long-term moving averages, could lead to a recovery toward the $2.4 to $2.5 resistance range. However, consistent rejections near resistance zones and weak buying interest suggest the downward trend will persist unless XRP convincingly reclaims $2.4.



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