Ripple ($XRP ) is trading at $2.45, with a daily range of $2.41 to $2.52.

Technical Indicators:

Moving Averages: Moving averages are giving strong sell signals, indicating bearish momentum in the market.

Oscillators: Oscillators are giving neutral signals, indicating a balance between buying and selling forces at the moment.

Support and Resistance Levels:

Support Level: Located at $2.21.

Resistance Level: Located at $2.62.

If the price manages to break the resistance level at $2.62, it could see a rise towards higher levels. If it fails, it could decline towards the support level at $2.21.

Important Notes:

Price Fluctuations: Ripple has experienced significant price fluctuations in recent times, reaching an all-time high above $3 in January 2025.

Influencing Factors: Ripple price movements are affected by legal developments related to Ripple and the US Securities and Exchange Commission (SEC), as well as changes in monetary policies and developments in the cryptocurrency market in general.