The XRP/USDT perpetual futures on Binance are currently trading at $2.1307, marking a daily decline of -2.96%. In the past 24 hours, the asset has traded within a range of $2.0576 (low) to $2.2255 (high), indicating a volatile trading session. The price is presently positioned slightly above the 7-day MA of $2.1194, suggesting early signs of a rebound; however, it remains under the 25-day MA of $2.1518 and the 99-day MA of $2.1950, signaling that the broader trend is still bearish. The Relative Strength Index (RSI) is currently at 54.80, which indicates moderate momentum leaning towards bullishness but not yet overbought. Volume in the last 24 hours is strong with approximately 714.41 million XRP traded, translating to around $1.53 billion USDT in value. Over the short term, XRP futures are down -1.64% today and -6.15% over the past 7 days, with slight recovery noted over 30 days (+0.98%), although losses persist in the 90-day (-12.35%) and 180-day (-16.07%) periods. Interestingly, the 1-year performance shows a significant gain of +302.78%, highlighting strong long-term bullish sentiment despite recent corrections.