The XRP market sentiment has shifted dramatically, with bearish momentum prevailing as the price dipped below critical levels. Following a recent all-time high of $3.65, the price has fallen to around $2.90, causing a decline in bullish optimism. Odds on prediction markets shifted from 66% likelihood of reaching $4 to a near 50-50 split between achieving $4 (51%) and falling to $2 (49%). This shift reflects concerns about XRP breaking below the 50-day EMA, which could indicate further bearish trends. The RSI indicates growing selling pressure, currently at 43, signaling that bearish momentum may increase. Technical indicators suggest a potential test of $2.50 support is imminent; if that fails, the price could further decline to $2. The market is becoming cautious after initial bullish trends, highlighting the volatility and shifting sentiments in cryptocurrency markets.

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