Bearish signals are appearing over Ripple’s XRP, with its price hanging at $2.20 without penetrating the 100-day exponential moving average. On April 24, 2025, XRP burns escalated to a 10-day high, torching nearly 4,000 tokens within a single day, which indicates a vibrant network activity. However, this upsurge is unable to fire up a price breakout as the asset still remains chained within a descending price channel since late 2024.
