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Ripple Lab's XRP was the only top 10 cryptocurrency by market cap other than Cardano ADA to bear losses for the 7D window Monday morning. Meanwhile, its daily trading volume has drastically declined.

Weeks of escalating political instability fears continue to torment South Korean markets. XRP's price is down 2% in the last 24 hours, while the won continues to trade below 1,470 per dollar.

XRP price drops below $2, weighed by SEC appeal fears. Could new developments drive XRP to $1.50 or beyond $2.90?

Amid ongoing market uncertainty, XRP, the native token of Ripple Labs, appears bearish and is poised for a price decline. Today, December 31, 2024, alongside XRP, the majority of assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), seem to be bleeding and raising concerns about when the price decline will pause.

Ripple's native token XRP has touched a psychologically important $2 mark as bearish sentiment takes over with spot volumes declining over the holiday season.

Given that XRP's funding rates have dropped, there may be a bullish opportunity for the asset. Extremely low funding rates historically signal oversold conditions, which raise the possibility that market sentiment will turn around and lead to a recovery.

Ripple's RLUSD stablecoin surged 170% in trading volume amid regulatory uncertainty surrounding Tether (USDT). USDT's compliance challenges under MiCA regulations boosted RLUSD's adoption as a compliant alternative.

XRP price approaches a defining moment as 3 critical RSI levels outline its future. RSI at 78 points to breakout potential, but dips near 70 or 65 could shift momentum to bearish territory, leaving bulls fighting to hold $2 support.

XRP Relative Strength Index (RSI) on the monthly time frame is providing crucial insights into potential price movements. Analysts have identified three pivotal RSI levels, 74, 70, and 65 as key thresholds for understanding the Ripple token trajectory in the near term.

Fox News business reporter Charles Gasparino became the subject of a controversial rift with the community that backs the popular crypto project Ripple (XRP) after claiming that there is no “XRP army” as these enthusiasts typically refer to themselves.

Cryptocurrency markets are trading sideways on a low-volume Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,335.84 +1.2% Ethereum (CRYPTO: ETH) $3,399.26 +1.7% Solana (CRYPTO: SOL) $195.53 +2.1% XRP (CRYPTO: XRP) $2.11 -0.8% Dogecoin (CRYPTO: DOGE) $0.32 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002158 -0.04% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 53.99% and daily active addresses falling by 0.07%.

Ripple's RLUSD stablecoin saw a sharp rise in trading volume, gaining traction and highlighting its growing role in cross-border transactions.

Ripple's XRP has recently found itself in a period of consolidation, trading in a triangle pattern that reflects market indecision. Currently priced around $2.17, XRP is showing some stability, but it remains at a crossroads.

Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.

The price of XRP, the Ripple-affiliated cryptocurrency token, reached an intraday low of $1.99 on the Binance exchange earlier today.

Ripple's XRP displays recovery signals after significant declines, down 7% lower on the weekly chart. According to Coinmarketcap, the token's trading volume exploded by 122% to $5.45 billion within the past 24 hours. That signals increased trader activity and boosted liquidity, confirming a potential comeback after recent struggles.

XRP, the fourth largest cryptocurrency, has created a "death cross" on its short-term charts, a bearish technical indication that has sparked market interest. This event coincides with a broader market sell-off, creating concerns about XRP's short-term price trend.

The crypto market is experiencing a period of uncertainty marked by macroeconomic fluctuations. Nevertheless, Ripple (XRP) stands out with relative stability.

Despite experiencing an admirable run to the upside starting at the beginning of November, XRP's momentum has shifted — and the digital asset is now seeing prices making significant moves to the downside.

Sellers continue their pressure on the first day of the week, according to CoinStats.

TL;DR On January 1, 2025, Ripple will release 1 billion XRP tokens, which could increase selling pressure and create volatility in the price. The U.S. Federal Reserve has lowered its expectations for rate cuts, creating uncertainty and affecting risk assets like XRP.

A wider cryptocurrency market bull run ignited in early November. While large-cap cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) saw significant moves to the upside, altcoins and meme coins saw even more impressive gains in the tail end of 2024.

As the year comes to a close, XRP is facing bearish pressure, with its price down 5.18% in the last 24 hours. This decline has put the psychological $2 level under pressure.

Charles Gasparino, a Fox Business reporter, has reignited tensions with the XRP community by dismissing the idea of an "XRP army."