XRP is trading within the $2.17 range with a 24% increase in 24-hour trading volume.
Bearish pressure has led to a 1.11% decrease in the crypto market cap to $2.96 trillion, affecting assets like Bitcoin and Ethereum negatively.
XRP witnessed a plunge of over 1.74%, trading at $2.17 after hitting a peak of $2.21 followed by a retracement to $2.14.
Technical indicators like MACD, CMF, BBP, and RSI suggest a bearish market sentiment for XRP, with the possibility of price retraction if key resistance levels are not broken.