Ripple (RLUSD) is currently trading at $0.99949, reflecting a slight decline of -0.04209% over the past 24 hours. The daily trading range has been tight, with a high of $1 and a low of $0.999322, indicating limited volatility in the short term.

The trading volume stands at approximately 28.45 million, resulting in a volume-to-market cap ratio of 2.10%. This relatively low volume suggests a lack of significant trading activity and could indicate caution among traders, especially as the price remains stable near the $1 mark.

Technical indicators show that the hourly moving averages are clustered around $0.9998, all registering a consistent decline of -0.03%. The 1-hour RSI at 45 indicates the asset is nearing oversold conditions, while the 7-day RSI at 50 suggests neutrality, highlighting a lack of momentum in either direction.

From a longer-term perspective, Ripple has experienced a negative price change across multiple time frames, with a 14-day change of -3.04% and a 30-day change of -3.88%. The price action has shown weakness, particularly as it struggles to reclaim its all-time high of $1.073 set in December 2024, indicating that sellers may be in control in the short term.

Given the current technical indicators and the lack of bullish momentum, the recommendation for Ripple (RLUSD) is to Hold. While the price is near a critical support level around $1, the overall trend shows bearish sentiment, and potential buyers should wait for clearer signals before entering.