XRP experienced a notable increase of 15%, reaching a significant resistance level at 2.40 USD. The surge was largely attributed to market recovery after a bearish Q4, signaling potential for further price growth. Technical indicators hint at a bullish pattern, especially if Bitcoin continues its ascendancy towards 100,000 USD, which could push XRP to 3 USD.

Despite the promising upward trend, XRP faces substantial resistance between 2.40 USD and 2.46 USD. To surpass these levels and maintain upward momentum, it will require significant buying pressure. Without adequate support, XRP risks a reversal, emphasizing the delicate balance between Optimism and caution among investors.

Current market conditions reveal low exchange outflows, indicating that the XRP price surge might be fueled more by whale accumulation than retail interest. This pattern reflects a strategic investment shift rather than a widespread buying spree, pointing to a cautious Optimism among large-scale investors evaluating XRP’s momentum.