XRP is in a cautious consolidation phase, not yet ready for a decisive move.

XRP currently trades at $2.17, down -0.6% from prior close, hovering just below its 50-day moving average of $2.26 and 200-day average of $2.31. The RSI at 40.23 signals weak momentum, flirting with oversold territory but no clear reversal yet. Volume is minimal, indicating low conviction among traders.

The 52-week high of $3.40 is still far off—XRP is down roughly 36.5% from that peak, showing it’s struggling to regain bullish footing. Recent news shows mixed sentiment with ongoing regulatory and legal uncertainties weighing on the token.

Risks: Regulatory headwinds, low volume, and weak momentum create a fragile setup. XRP could easily slip toward support near $2.00 if selling pressure intensifies.