$XRP is trading at approximately $1.37, down 2% today as it follows the broader market decline. The token has been under pressure due to regular escrow unlocks and a general "risk-off" sentiment. From a technical perspective, XRP is oscillating within a descending channel. If it fails to hold the $1.25 support, we could see a slide toward $1.10. However, the RSI is nearing 30, suggesting the sell-off might be overextended. A period of consolidation is more likely than a sharp recovery in the immediate short term.