XRP is currently hovering around $2.03. In the next 24 hours, it is likely to fluctuate within the range of $1.90-$2.10, with a generally weak overall trend, but the bottom support remains relatively stable.

From a technical perspective, the price has broken below the 50-day moving average at $2.08. The MACD indicator is beginning to weaken, and selling pressure is increasing. The key support level is around $2.00-$2.02. Once this line is broken, the next support to watch is whether $1.90 can hold. On the upside, $2.10-$2.12 is the main resistance. If broken through, the next target is within sight at $2.35-$2.45.

Interestingly, despite XRP's price decline, funds flowing into spot ETFs continue to pour in, with a cumulative net inflow approaching $1.26 billion. This indicates that institutional buyers' enthusiasm has not cooled. Another signal is that the XRP holdings on exchanges have fallen below 2 billion coins, down more than half from over 4 billion at the end of the year, suggesting that short-term selling liquidity is shrinking.

If you are a short-term trader, you can consider buying low and selling high within the $1.90-$2.10 range, but be sure to set stop-loss orders. Long-term investors might want to watch for opportunities to build positions gradually below $1.90. However, don’t forget to keep an eye on Bitcoin’s movements and regulatory news, as changes in these factors can lead to correlated effects.

A reminder: Cryptocurrency markets are highly volatile. A 24-hour forecast should only be used as a reference and not as investment advice. Trading should be cautious, with proper position management and stop-loss settings.