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XRP repeatedly fluctuates within the range. It is worth noting that the price remains under pressure near the 2021 high, but each dip to this level is quite brief, followed by quick absorption by the market.
From a lower time frame perspective, the upward momentum is indeed not weak, but further observation is needed — whether this rebound can truly break through the previous resistance level is the key. The short-term support strength indicates that buyers have some confidence at this price level, but whether sustained upward momentum can be formed remains to be seen.