XRP's price action has been unable to overcome a significant resistance level, resulting in a downward trend. The cryptocurrency's key support levels are currently situated at $0.48 and $0.43, while the key resistance level stands at $0.54. Despite repeated efforts by buyers to break through the resistance, sellers have consistently pushed back, leading to a bearish price action over the past week.

The ongoing struggle between buyers and sellers has resulted in a dominance of bearish price action and volume. Despite occasional increases in buy volume, sellers have maintained control, pushing the price downward. This trend may continue, potentially putting pressure on the $0.48 support level in the coming days. If this level is breached, the next key support level of $0.43 may be tested, where buyers may regroup and attempt to reverse the price action.

The 3-day Moving Average Convergence Divergence (MACD) has made a bearish cross, further encouraging sellers to maintain their pressure. This indicator suggests that the downtrend may persist, testing the resolve of buyers. If XRP's price continues to decline, the $0.43 support level may become a crucial point of contention.

The current downtrend has been driven by the sellers' ability to thwart buyers' attempts to break through the key resistance level. Until buyers can gain sufficient momentum to overcome this resistance, the price action is likely to remain bearish. The key support levels of $0.48 and $0.43 will be closely watched, as a breach of these levels could lead to further price declines.

XRP's price action is at a critical juncture, with the outcome dependent on the buyers' ability to regain control. If the downtrend persists, the key support levels will be tested, potentially leading to a further decline in price. However, if buyers can muster sufficient strength to break through the resistance, a reversal of the price action may be possible.