XRP is currently experiencing volatility this week, dropping over 7% and falling below key support levels. Technical indicators signal selling pressure, but despite short-term weakness, there are some bullish signals emerging. XRP’s technical picture paints a mixed outlook. The price dropped by 4.65% on Friday to hover around $2.15, dipping below its key support at $2.23. If XRP fails to recover above this level, it could continue its downward trend towards $1.96. 40.82 is close to oversold levels, but no clear reversal signals yet. While the RSI shows weakness, most moving averages remain bearish; only the 200-day EMA offers some support for a long-term bullish perspective. The MACD also remains bearish.