#StablecoinPayments (XRP) has decreased in value by 3.24%, bringing its price to $2.987.

This decline is attributed to several factors, most notably recent political developments, such as the announcement by Argentine President Javier Milei of a new cryptocurrency that raised concerns about the potential for it to be a scam, leading to a decrease in investor confidence in the cryptocurrency market.

Technically, XRP faces resistance at the $2.50 level, with strong support at $2.36. The Relative Strength Index (RSI) shows a neutral reading at 52, indicating a balance between buying and selling pressures.

Looking ahead, some analyses predict the possibility of XRP reaching $3.35 in the near term, especially if the currency can break through current resistance levels. However, these predictions depend on several factors, including