XRP has experienced a significant downturn in recent price action, with its value dropping nearly 15% over the past seven days as bears maintain control of the market. The coin’s technical indicators are showing mixed signals, with the RSI rebounding from oversold territory while Ichimoku Cloud patterns continue to paint a predominantly bearish picture. Despite yesterday’s test of the critical $2. 06 support level resulting in a temporary bounce, the momentum remains negative, with short-term EMAs positioned below long-term averages
source: https://beincrypto.com/xrp-bears-dominate-bulls-defend-support/