Today, #xrp suddenly surged, leaving many friends confused: What happened? The main reason is that a technical breakthrough has arrived! XRP successfully broke through the upper limit of an important descending channel, directly declaring, 'The short-term decline is over, I’m going to counterattack!'

This technical breakthrough is not to be taken lightly; it’s like turning on the 'buy switch' for the bulls, not only attracting a large amount of capital into the market but also triggering buy stop-loss points that were lurking above $3.10 and $3.20, directly driving up the price uncontrollably!

From the derivatives market perspective, the market is also very lively! Data shows that trading volume surged by 190%, reaching $17.9 billion, and open interest skyrocketed by more than 21%, indicating that large funds are rapidly increasing their positions! Moreover, on Binance, the long-short ratio of top traders is as high as 2.77, meaning that the bulls far outnumber the bears, and the entire market is betting on a rise!

Even more exaggerated is that the options market is like it’s on steroids, with a 1280% increase in trading volume over 24 hours! This indicates that professional players are making large moves, preparing for XRP's subsequent larger upward space.

Looking at the chart: XRP on the 30-minute candlestick chart shows that the RSI initially surged to 77, indicating overbought conditions, but then cleverly retraced to 65, successfully 'cooling down,' while still maintaining a bullish structure. MACD is also shining—continuing to expand, with an upward trend. The volume-weighted average price (VWAP) is firmly held around $3.32, indicating that buyers are holding their ground and do not intend to retreat easily.