XRP is struggling to break the $2.12 resistance.

XRP trading volume has seen a 38% increase above weekly norms due to significant institutional activities. However, it remained below the overall cryptocurrency market. XRP briefly reached $2.17 but failed to maintain its momentum. This suggests that large investors may be closing existing positions rather than opening new ones.

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