$XRP XRP is currently around $2.97, after a slight increase (~2.4%) over the past 24 hours.
The price is still under strong pressure, having incurred a decline of about 12–15% over the last week.
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Technical indicators and market movements
Technical indicators and variables:
The chart shows a descending triangle formation, which is a pattern that usually indicates the risk of continuing the downward trend towards $2.40 if the current support is breached.
If XRP can regain the $3 level as a key support, it may experience a positive reversal towards resistance levels such as $3.10 and $3.65.