XRP is struggling to break the resistance at $2.12.

XRP trading volume saw a 38% increase above weekly averages due to significant institutional events. However, it remained below the overall cryptocurrency market. XRP briefly reached $2.17 but was unable to maintain its momentum. This situation suggests that large investors may be closing their existing positions rather than opening new ones.

The token's inability to stay above $2.12 indicates that it faces strong resistance. If the $2.17 level cannot be surpassed with volume confirmation, ongoing selling pressure is expected to continue.