XRP increased by 0.60%, but caution is required.

High Trading Volume in XRP

XRP reached $2.623 with a 0.60% increase. The trading volume, which is 47% above the seven-day average, indicates growing interest from institutional investors.

Attention to Technical Indicators

Despite positive expectations, XRP is facing resistance at the $2.68 level. Momentum indicators suggest it may enter a consolidation phase in the short term.

Traders need to carefully monitor whether XRP can find support in the $2.60 - $2.63 range. A sustained rise above the $2.65 level could change market sentiment in a bullish direction.