Recent data suggests XRP’s price momentum is slowing down, raising concerns about its future trajectory. Technical indicators like the 100 EMA resistance and declining on-chain activity point to potential headwinds for the asset. While recent gains have kept it afloat above $2.14, support remains weak, with a drop below $2.00 potentially triggering another price dip. This decline is mirrored in network activity, as daily transfers across the XRP Ledger have decreased significantly, approaching a critical threshold of 997,121. This drop might be indicative of dwindling investor confidence or reduced institutional utility. Volume on the charts remains stagnant, with no significant bullish conviction despite Bitcoin’s positive market recovery. For XRP to avoid being a laggard in a potentially recovering market, it needs to overcome resistance levels and see a resurgence in both transactional activity and market volume.