XRP has fallen 6.01% to $2.81, maintaining its position within a descending channel characterized by persistent bearish momentum and weak buyer sentiment. The cryptocurrency's recent dip below the $3 mark has heightened concerns of further declines, with the 200-day EMA at $2.58 now serving as a critical support level. Technical indicators, including a neutral RSI and downward-trending moving averages, indicate that sellers continue to dominate the market. For a potential reversal, XRP would need to break decisively above the $3.10–$3.20 range.