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

XRP experienced a decline of 5.1%, dropping to $2.41 from $2.54 as bearish sentiment intensified due to technical selloffs and significant whale activity. The token's ability to maintain the $2.39–$2.41 support range will be critical for determining whether it can recover or face further declines. Trading volume surged by 46%, showing increased seller activity after breaking key support levels. Whale transfers, totaling over $1 billion, added to the market's instability despite being primarily internal transfers and not exchange-related. Following a minor recovery to around $2.418, XRP remains technically vulnerable, with consecutive lower highs suggesting ongoing distribution. The emergence of a Death Cross pattern signals potential short-term bearish momentum. Key resistance is seen at $2.42, and failing to rise above $2.47 may invite further declines towards $2.20–$2.25. Traders are closely monitoring on-chain whale movements as indicators of liquidity shifts amid mixed sentiment in the crypto market.

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