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

XRP dropped 5.1% to $2.41 due to increased selling pressure and significant whale transfers, which raised market uncertainty. The trading volume surged 46% above daily averages as key support levels were breached. For XRP to rebound, it must defend the critical range of $2.39–$2.41. Recently, the token fell from $2.54 to its current level without major macroeconomic catalysts, indicating a technical-driven selloff. The situation was exacerbated by large-scale token movements, specifically over $1 billion in internal transfers among Ripple-linked custodial addresses. After reaching lows of $2.408, XRP showed a minor recovery, bouncing to $2.418 amid opportunistic buying. However, the broader market structure remains bearish, with consecutive lower highs maintaining the distribution trend. The presence of the developing Death Cross pattern, along with momentum indicators showing deterioration, reinforces the cautious outlook for XRP. Future performance hinges on reclaiming the $2.47 mark, which may signal stabilization against further declines.

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