Cryptocurrency prices started the new month with a mixed bag, as many coins experienced declines according to CoinMarketCap data. XRP (XRP/USD) showed a notable dip of 1.73% over the past day. Hourly charts indicate downward pressure on XRP’s price after a false breakout above resistance level at $2.8270. Continued selling could see further drops towards $2.70 by tomorrow. No clear reversal signals exist on longer timeframes. If support level is broken, accumulated energy might lead to a more significant decline towards $2.60 area. In the midterm view, traders should focus on the weekly candle closing around the $2.7280 mark. A close below this level could trigger a test of the $2.60-$2.70 range in the coming days.