XRP breaks through the $2.12 level, with a significant increase 📈 An interesting signal has emerged in the market—the XRP balance on exchanges is approaching multi-year lows, which typically indicates tightening supply pressure. Meanwhile, this week's spot XRP ETF recorded a net inflow of $13.59 million, and institutional fund movements are worth noting. From a technical perspective, the $2.12 price level is highly significant. Surpassing it is a bullish signal, indicating support from the bulls; but if it falls below this critical point, XRP may risk entering a wide-range consolidation. In the short term, close attention should be paid to the support line's performance, as it will directly influence the subsequent trend. The current combination of tightening supply and net capital inflows at least provides fundamental support for this rebound. However, risks always exist, and caution is needed regarding fluctuations below this price level.

In the past four days, XRP has not performed poorly - it reached $2.33 with a 30% gain. Seeing such rapid movements during bear markets is always interesting.

XRP isn’t stopping. This is what happens when exchanges get rid of their XRP Supply shock incoming.