Recently, #xrp has been really impressive! The trading volume has surged almost twofold, and the upward trend is quite eye-catching, briefly climbing to $3.60, then consolidating between $2.30 and $2.80 for quite a while. Just when everyone thought it was going to cool down, the price touched the 26-day moving average (around $3.03), and buying pressure immediately surged, bringing it back above $3.30. It's incredibly bullish!

What does the technical analysis say? Both the 200-day and 50-day moving averages are trending upwards and are well below the current price levels, indicating that this upward trend is not just random but is based on solid structures!

Although the RSI has dropped slightly from overbought levels, it is still in the strong zone, not too crazy and not too weak, just right!

Looking at the derivatives market, the data is quite strong—the bears are too weak, and the bulls are bold, suggesting that this trend may still have potential!