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

XRP experienced a decline of 5.1%, falling to $2.41 due to increased selling pressure and whale transfers that heightened market uncertainty. The trading volume surged 46% above daily averages, breaking key support levels. The token's ability to maintain the $2.39–$2.41 range is crucial for a potential rebound. The price drop to $2.41 occurred without significant macro factors, indicating a technical selloff exacerbated by growing volatility from large transactions. Despite a modest recovery to $2.418 overnight, XRP remains technically weak, needing to reclaim the $2.47 level to stabilize. Further declines below $2.35 could lead to tests of the $2.20–$2.25 zone. A developing Death Cross pattern in moving averages adds caution, with potential support at the 38.2% Fibonacci retracement near $2.42. Institutional traders are closely monitoring Ripple-related on-chain flows as key indicators for possible liquidity shifts in this mixed sentiment market.

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