XRP is trading at $2.09 after a 4% decline, with the market seeing $7.90 million in XRP liquidations.
XRP has been struggling to regain bullish momentum, experiencing a 4.22% drop in the last 24 hours from a high of $2.20 to a low of $2.09.
The daily trading volume of XRP surged by 19.51% to $3.16 billion, while XRP liquidations totaled $7.90 million; the asset's market cap remains at $123.71 billion.
Technical indicators suggest a potential bearish shift for XRP, with MACD line nearing zero, Chaikin Money Flow indicating mild selling pressure, and key resistance and support levels set at $2.13 and $2.03 respectively.