XRP, the native token of Ripple Labs, is currently facing a challenging period. Technical analysis reveals bearish signals, predicting potential price declines to $2.10 if it fails to reclaim crucial support levels. However, questions remain about whether this recent downturn will lead to a rebound. 🧐 📈 📉 💰 ➡️ 24-Hour Market Data Shows Ripple’s XRP has seen a decline of over 2.38% in the past 24 hours. This dip comes amidst a broader cryptocurrency market drop, influencing investor sentiment. The token has broken down from an ascending triangle pattern and slipped below the crucial $2.50 support level, prompting further potential drops. Despite this bearish outlook, trading volume has surged by 100%, indicating heightened activity among traders. This spike could be driven by the breakdown of the ascending triangle, mirroring market shifts and influencing price movements.