XRP has experienced a 2.6% decrease in the past 24 hours, indicating technical weakness through various indicators. The price has fallen below $2.40, with the RSI dropping into neutral territory, suggesting a loss of momentum. The Ichimoku Cloud setup has turned bearish, with the price trading below key support lines and under a red cloud, indicating downward pressure. XRP's EMAs are close to forming a death cross, signaling a potential further decline. The RSI has dropped to 46.72 from 64.86, indicating a loss of upward momentum. The overall technical analysis suggests a bearish outlook unless there is a strong recovery. XRP needs to bounce back in RSI and market sentiment to resume bullish momentum. The Ichimoku Cloud chart also indicates a bearish shift in momentum, with potential for further downside unless there is a significant recovery. Read more AI-generated news on: https://app.chaingpt.org/news

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