XRP is currently trading at $2.58, up 5.53% with a weekly gain of 16.14% and a trading volume of $7.26 billion.
A breakout above $2.50 could target $3.00, while a failure may lead XRP to the $2.00–$2.10 support zone.
The RSI is at 73.86 and the bullish MACD signal strong momentum, but there are high risks of a pullback in the market.
While recent positive developments in the market, including a significant investment in XRP treasury purchases and potential regulatory changes, are boosting sentiment, market players are advised to await confirmation of the next rally.