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XRP is trading at approximately $2.40, reflecting a slight decrease of 2.44% from the previous close.
In recent days, XRP has experienced notable volatility. Two days ago, it saw a 6.7% increase, reaching $2.50, following a U.S. jobs report indicating a sharper-than-expected hiring slowdown. This macroeconomic indicator influenced investor sentiment across the cryptocurrency market.
Technical analysis indicates that XRP is currently in a consolidation phase, trading within a defined range. Key support levels are identified near $2.40, while resistance is observed around $2.60. The Relative Strength Index (RSI) is approaching oversold territory, suggesting a
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