The news content indicates that XRP is currently trading at $2.34 with a market capitalization of $135.76 billion. It is in fourth position behind Tether (USDT) in terms of market capitalization. The 24-hour global trade volume for XRP is $6.07 billion, and it has experienced a decline of 31.3% from its all-time high. The short-term and four-hour charts show bearish momentum, with resistance at $2.4 to $2.45 and support at $2.3. The daily chart indicates consolidation after a rise and correction, with resistance at $3.1 and support between $2.2 and $2.3. Oscillator readings present a mixed picture, with some indicators showing neutrality and others indicating buying pressure. Moving averages suggest short-term selling pressure but long-term bullish support. Overall, the prevailing trend suggests further downside risk in the near term. However, if XRP can hold above the support range of $2.2 to $2.3 and see a breakout above $2.5 to $2.6, it could trigger renewed upside momentum.



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