Recently, XRP has been making quite a splash. CME announced that it will update Solana and XRP options in March, which is good news for XRP. Plus, Hyperliquid is about to launch XRP, and it feels like market attention on it is heating up.

Currently, XRP is trading around $2.13. From the candlestick chart, it looks like it's recently been consolidating with a pullback. The RSI indicator is only at 35.1, firmly in oversold territory, indicating that selling pressure has been quite substantial. From this perspective, the current pullback could be considered a potential entry point.

A few key technical levels to remember: support is at $2.0448. If it really drops to this level, caution is advised. Resistance is at $2.2152, which is the first hurdle to break in the short term. Another critical breakout level is at $2.1832; if the price can hold above this zone and push upward, there could be room for further gains.

Regarding XRP's future prospects, honestly, I remain quite optimistic. The main reason is that the positive effects of Hyperliquid might not have been fully digested yet, and with CME options cooperating, it could give the market some imagination space.

If you really want to participate, the general idea is as follows: first, do a small test near the current price, controlling the position at about 30% of your total funds. If the price can break through $2.1832, then you can confidently increase your position to 50%. But risk management must keep pace; if it breaks below $2.0448, you should cut losses decisively—there's no point in hesitation.

In the short term, the target is first at $2.2152. If the price can hold steady above this level, then in the long run, reaching $2.70 isn't entirely impossible. Of course, this is just a technical analysis based on current data, and future market performance will ultimately depend on actual market conditions.