XRP's price has recently shown a bearish divergence, suggesting a potential drop to $2.28. After a nearly 50% rise in January, briefly reaching $3.39, indicators point to a possible downside correction of up to 25%. A bearish divergence between XRP's price and the RSI (Relative Strength Index) indicates weakening upward momentum, raising the risk of a reversal. Additionally, XRP's price sits significantly above the 50-day EMA, which is currently around $2.28. Historically, similar scenarios have led to significant price corrections, including an 80% drop following such a divergence in 2018. Currently, the RSI reading is at 66.87, nearing overbought levels. If XRP fails to hold above the current support trendline, it could further decline towards $1.90, and a break below this could lead to deeper losses towards the 200-day EMA at approximately $1.35.

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