XRP has risen for six consecutive months. This week it increased by 10.36%, with the price currently between 2.93 and 3.41. The monthly increase is 19.26%, and the cumulative increase over six months is 35.10%. Momentum continues to strengthen, and bulls are actively defending during each minor pullback.

The coin is currently above the 10-day moving average (3.24) and the 100-day moving average (3.23). The RSI index is at 57.48, indicating a stable range, while the Stochastic indicator is close to 87, showing that market enthusiasm is heating up. The MACD remains in the positive zone. Recent resistance is at 3.64, with stronger resistance at 4.12. Support levels are at 2.68 and 2.20, respectively.

If the bulls can break through 3.64, the target price of 4.12 will be opened, moving up from the mid-range to 4.12, with an increase of about 25% to 30%. If it can hold above 3.00, this outlook remains valid. A drop below 2.93 could trigger bears to push towards 2.68 (about a 15% decrease) or even 2.20 (about a 30% decrease). As long as the price stays above 2.68, the bullish trend pattern still exists.