The broader crypto market sits in extreme fear as the Ripple price presses against local support, with XRPUSDT trying to stabilize after a prolonged downtrend. The main scenario from the daily chart is bearish. XRPUSDT is in a downtrend, trading under all major moving averages and below the Bollinger midline, with momentum still weak. However, the price is hovering just above the lower Bollinger Band and near the daily pivot, hinting that we are closer to the late phase of the current leg down rather than the middle of it.