While XRP has been strong recently, it is currently facing challenges at important technology nodes. The latest data showed that the RSI (RSI) remained in the neutral zone at 54.81 but is gradually approaching the overbought zone, which on the one hand indicates that there is still upward momentum in buying, and on the other hand, it is also a reminder that investors need to be vigilant.

The MACD indicator has recently turned positive, and the crossover changes in the signal line also suggest that the upward momentum may continue.

However, it should be noted that the formation of a black candlestick today and the pullback in the $2.32 area clearly indicate that there is strong resistance at this level. If the bulls are unable to effectively break through this level, XRP is likely to enter a period of sideways consolidation.

Nevertheless, from the overall trend at present, the market bias still favors the bulls. Before breaking through key resistance, investors should closely monitor changes in trading volume and the performance of support levels, as this will provide more clues for future price movements.