250320 - XRP Analysis

With the positive stimulus from the SEC's withdrawal of the lawsuit, XRP maintains a strong bullish trend, with an S signal appearing on the smart chart and an L2 on the advanced chart. The price has increased by over 10%, but $2.58 remains a key resistance level, as it has faced obstacles multiple times at this position. If it successfully breaks through $2.58, the next targets will be $2.644 and $2.71. However, if it fails to break through $2.58, it may fall back to $2.42, which is half of the previous large bullish candle, and traders need to cautiously monitor this key point.