$XRP

XRP is experiencing a strong rally, currently trading around $2.23, driven by growing institutional interest after the Nasdaq XRP Index and CME futures launch. Technically, XRP has broken above major historical resistance at $2.00, turning it into new support. The daily RSI is now above 75, indicating overbought conditions, but momentum remains strong.

Immediate resistance is seen near $2.50, while a clean breakout above that level could target $2.85. On the downside, if XRP faces a pullback, key supports lie at $2.00 and $1.85. The 50-day EMA is lagging far behind around $1.20, suggesting XRP is in a strong parabolic uptrend. Traders should watch for increased volatility at these high levels. As long as XRP holds above $2.00, the trend remains bullish, and institutional interest could continue fueling the next leg higher.