XRP Price Prediction: Faces Bearish Cross Risk, Sinks 5%

XRP experienced a 5.1% decline to $2.41, driven by technical selloffs and significant whale transfers that increased market uncertainty. The trading volume surged by 46% above daily averages as sellers broke through crucial support levels. The cryptocurrency's resilience within the $2.39–$2.41 range will be critical for its potential rebound or further decline. While whale activity contributed to market volatility, recent movements of over $1 billion in XRP were primarily internal and not exchange-related. The token's price stabilized near the key level, but failure to regain $2.47 could lead to deeper declines towards $2.20–$2.25. The technical landscape appears bearish due to a developing Death Cross pattern with the 50-day moving average dipping below the 200-day. Overall, XRP's ability to defend crucial support levels is vital for its near-term price trajectory amidst mixed wider crypto sentiment.

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