XRP is currently consolidating around $2.18, having retreated after being resisted at $2.30. Although the price is holding above the 8-hour 100 EMA and the neckline of the head and shoulders pattern, the RSI has fallen back to the midline (55.98), indicating weakening momentum. If it can break through, XRP is expected to rise by 25% to $2.74. However, the decline in open interest (-0.21%) and strong liquidation of long positions ($5.63 million vs $1.99 million for short positions) suggest increasing bearish pressure. CME plans to launch XRP futures on May 19, which could act as a catalyst for a trend reversal.