XRP Slides 4.62% as Legal Uncertainty and ETF Odds Weigh on Price Momentum

XRPUSDT experienced a 4.62% decline over the past 24 hours, with the price dropping from a 24h open of 2.2656 to 2.1609 on Binance. This price decrease can be attributed to heightened bearish sentiment following XRP's inability to break above key resistance levels at $2.32–$2.35, as well as increased volatility indicated by technical signals such as a low RSI and expanding Bollinger Bands. Additionally, uncertainty surrounding the imminent Ripple vs. SEC lawsuit conclusion and a 10% decline in XRP ETF approval odds have contributed to cautious trading and downward pressure. Despite strong 24-hour trading volume of approximately $2.5–$2.6 billion and a market cap near $128.5 billion, XRP remains range-bound with immediate support at $2.20 and resistance at $2.32, as traders await regulatory clarity and potential catalysts.