Ripple has been experiencing sustained popularity lately. The price hovers around $2.10, with a gain of over 10% in the past seven days, and an average daily trading volume of $3.86 billion, indicating a clear increase in market attention.

From a technical perspective, XRP recently showed a golden cross on the daily chart—this occurs when the fast MACD line crosses above the slow line, accompanied by the histogram turning from red to green. The last time such a signal appeared was in July of last year, followed by a strong rally. Generally, this is a short-term bullish signal, suggesting the market is building momentum.

Currently, the focus is on the $2 to $2.10 zone, where many buy orders are clustered. As long as the bulls can defend this level, a rebound could continue. Looking upward, $2.277 is a key resistance; once broken, it could head straight toward $2.75. On the downside, caution is warranted—if the $2 support level fails, a deeper correction might occur, potentially dropping to $1.80 in extreme cases.

Another interesting phenomenon is that XRP recently broke out of a descending wedge pattern and is now undergoing a retest. This is a common consolidation move—successful retests lead to further gains, while failures could result in another decline.

On-chain data also offers more insights—XRP is experiencing significant outflows from major exchanges, which typically suggests holders are accumulating rather than selling off. The last time this pattern appeared was at the end of 2024, after which the price surged. Some analysts believe this cycle could repeat. If the market environment remains favorable and ETF demand increases, optimistic estimates suggest XRP could reach $8 by the end of 2026.

In summary: XRP is at a crossroads. There is a short-term risk of a retest, but bullish signals are still flashing. The key now is whether buyers can hold the $2 support level, which will determine the future direction of the market.