XRP Update: Trading in a Range, More Drop Possible
XRP is currently trading at $2.22 after hitting our recent target of $2.26. Despite this move, the price remains below the EMA50, indicating ongoing bearish momentum. The RSI is neutral, showing a lack of strong buying or selling interest at the moment.
XRP is now trading within a tight range between $2.35 and $2.26. In the upcoming sessions, if the $2.26 support breaks, we may see increased selling pressure, potentially leading to a retest of the $2.20 zone.
Stay alert for further price action near key support and resistance levels.
