# The Disappearance Act of XRP Volume: Is the Market Playing Hide and Seek? 🕵️‍♂️

XRP's on-chain transactions have performed a disappearing act, plummeting from a robust 400 million to a meager 100 million! This dramatic drop is not just numbers doing gymnastics; it's the market sending smoke signals about the cooling of investor sentiment faster than your coffee at Starbucks.

## What’s Happening? ??

1. Transaction volume took a spectacular plunge after May 20

2. By May 29, volumes had dropped to just 177 million XRP

3. The price currently hovers between $2.29-$2.30, clinging to the 50 and 100-day EMAs

4. Trading volume seems as quiet as a library on a Friday night

## What It Means 🧐

* The market is playing “wait and see” after previous surges

* Support levels at $2.25 and $2.07 are the lifelines to watch

* RSI indicators show bearish vibes, staying below the neutral mark of 50

If XRP falls below these crucial EMAs, it could slide into the support zone of $2.07 faster than a kid on a waterslide. But if the supports hold, we might see some sideways movements or even a modest recovery. Keep your eyes peeled for any sudden moves! 👀

The above information has been researched and summarized by AI, and does not constitute investment advice.