The XRP/USDT chart shows that the current price is at 2.3780 USDT with a daily decrease of -1.89%. Technical analysis based on the visible indicators:$XRP

1- General trend: The price witnessed a strong rise during December, followed by a clear downward correction in January, and relative stability during February.

2- Moving averages: We have two moving averages (blue and orange). The blue average crossing downwards indicates a downward trend. The price is currently below these averages, which confirms the continuation of selling pressure.

3- Bollinger Bands: The lines are widening and falling, indicating increased volatility and the possibility of a continued decline. If the price breaks downwards, we may see further declines.

4- Trading volume: It is still relatively high, which means that there is interest in the market, but it needs to be confirmed by the upcoming price behavior.

Expectations:

• If the price breaks the 2.37 level to the downside, we may see a test of the 2.20 - 2.10 areas.

• If it rebounds and holds above 2.40, it may return to test the resistance areas at 2.50 - 2.55.

Conclusion:

The general trend is currently bearish, and the price needs to break the resistance to confirm any bullish reversal. Caution is required, with 2.37 as a major support.