📉 Ripple (XRP) price is decreasing, making lower highs and lows compared to both USDT and BTC. However, investors can still be optimistic given the possibility of a recovery from recent support levels.

Technical analysis:

🔹 Paired chart with USDT: Price is experiencing a downtrend on the daily timeframe compared to USDT. The 200-day moving average, located around the $0.50 mark, is currently acting as resistance, preventing the price from rising to the $0.55 resistance area.

If the 200-day moving average holds, the market could drop to the $0.43 support level in the short term. The RSI also shows a value below 50%, suggesting favorable momentum for sellers and a retest of the mentioned $0.43 level is possible.

🔹 Paired chart with BTC: Compared to BTC, the price action has become even more interesting as XRP has reached critical support at the 1800 SAT area. The 200-day moving average, located near this area, is also providing important support. If this level is broken, the situation could become unfavorable for XRP and a further price drop could occur.

Conversely, if there is a short-term recovery, the price will need to break above the 50-day moving average, currently at 2000 SAT, before aiming higher.