#CryptoScamSurge $XRP decrease of its value by 3.24%, reaching a price of 2.987 US dollars.

This decline is attributed to several factors, including recent political developments, such as Argentine President Javier Milei's announcement regarding a new cryptocurrency token that has raised concerns about the possibility of it being a scam, leading to a decrease in investor confidence in the cryptocurrency market.

From a technical standpoint, the price of XRP encounters resistance at 2.50 dollars, with strong support at 2.36 dollars. The relative strength index (RSI) shows a neutral reading at 52, indicating a balance between buying and selling forces.