Key takeaways:Ripple's end-to-quarterly market report fuels uncertainty, impacting XRP price negatively.Low open interest in XRP futures signals weak trader confidence.XRP price technicals weaken with resistance at $2.27 and declining RSI.XRP (XRP) fell on May 6, down 3% in the last 24 hours to trade at $2.09, due to numerous factors. Its trading volume has increased by 25% over the same period to $2.5 billion, reinforcing the momentum of the bears. XRP/USD four-hour chart. Source: Cointelegraph/TradingViewLet’s look at the factors driving the XRP price down today.Ripple’s discontinues quarterly reportsOn May 5, Ripple revealed plans to end its quarterly XRP markets report, which it has released since 2017. The company attributed the decision to the reports falling short of expectations and the increasing focus on institutional adoption, which demands more comprehensive insights and varied perspectives.This move has sparked concern among investors since the reports provided transparency into XRP’s market dynamics, including sales, escrow activities, and institutional adoption trends. Some market participants question whether this shift signals reduced transparency or a strategic pivot toward institutional investors.Ripple has “announced that the enterprise blockchain company will no longer release its XRP markets reports every quarter,” said X user Shanaka Anslem Perera, adding:“Is investor confidence going down