XRP is struggling to break the $2.12 resistance.

XRP trading volume showed an increase of 38% above weekly norms due to significant institutional events. However, it remained below the overall cryptocurrency market. XRP briefly reached the $2.17 level but failed to maintain its momentum. This situation suggests that major investors may be closing existing positions rather than opening new ones.

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