The XRP price has experienced a decline of approximately 4% over the past 24 hours, according to CoinMarketCap. This dip follows a false breakout from support levels near $3.1618 on the hourly chart. If the daily close fails to hold above this level, a rebound towards the $3.25 zone may occur. However, long-term trends remain unclear as XRP continues its downward journey after failing to surpass the $3.3338 resistance level. No reversal signals have emerged yet, and the ongoing correction is more likely. Short-term outlook suggests sideways trading within a range of $3-$3.20 within the coming week, according to market sentiment. As of press time, XRP trades at $3.1947.