Despite a week marked by substantial market volatility and declining prices, XRP has shown surprising resilience, clinging to the psychologically significant $2.00 level while facing increasing selling pressure. A recent intraday surge of nearly 2.19% saw XRP rebound just above its 200-day Exponential Moving Average (EMA), currently at $1.99. This unexpected spike offers a glimmer of hope for technical analysts, who are carefully watching for signs of continued bullish momentum. The significance of this rebound cannot be overstated: the 200 EMA serves as a long-term trend indicator and has historically been instrumental in determining XRP’s broader trajectory.