XRP has seen a decrease of over 8% recently, approaching a critical support level at 2.17 USD. If this support is breached, XRP may decline an additional 13% to 1.89 USD, indicating a significant bearish shift.
Momentum indicators are showing mixed signals; the RSI has rebounded to 43.12, suggesting renewed buying interest, while the CMF at 0.04 indicates reduced buying pressure. A recovery could target resistances at 2.33 USD, 2.53 USD, and 2.66 USD.
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