The XRP price has declined from its resistance zone at $2.85 and is currently showing bearish signs. To initiate a fresh increase, the price must break and clear the $2.650 level. The price has dropped below several support levels, including $2.72, $2.70, and $2.60, reaching a low of $2.47. It is currently consolidating losses near the 23.6% Fib retracement level. The price is trading below $2.650 and the 100-hourly Simple Moving Average. Resistance levels to be aware of include $2.60, $2.650, $2.70, $2.80, and $2.85. If the price fails to break the $2.650 resistance, it may start another decline, finding support levels at $2.50, $2.48, $2.42, and $2.35. The MACD and RSI indicators are currently in the bearish zone.



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