Ripple (XRPUSD) held onto slight gains in its latest intraday trading, managing to recover part of its previous losses. However, the price continues to face dynamic negative pressure as it remains below the 50-day simple moving average, while the broader short-term trend stays bearish. In addition, RSI indicators have reached extremely overbought levelsfar beyond what is justified by price actionsuggesting a potential negative divergence, which may intensify the surrounding downside pressure.
Therefore, we expect the coin to decline in the upcoming intraday sessions, as long as it remains below the resistance level of $2.3268, targeting the key support at $2.1510.
Todays price forecast: Bearish