XRP's recent performance is worth paying attention to. The range between 2.07 and 2.08 is quite interesting — it serves as both the support level of the 10-day moving average on the 4-hour chart and the lower boundary of the previous consolidation zone. Coupled with the reinforcement of the key support at 2.05, multiple factors are stacking up.

After the price returned to this area, trading volume modestly expanded, and buying interest was very decisive, indicating that the support level has been validated. From a technical perspective, the MACD remains in a bullish crossover state, the RSI stays neutral to slightly bullish without entering overbought territory, and the middle band of the Bollinger Bands remains steady. These signals together suggest that there is still considerable room for upward momentum to be unleashed.

From a defensive standpoint, there is a strong support at 2.05. It is both a consensus support level in the market and a previous breakout point, giving this support system a particularly solid foundation. As long as it is not broken, the previously accumulated upward momentum remains intact.

The current strategy is: XRP is in a bullish reference zone between 2.07 and 2.08, with the target set at 2.1. In the context of US non-farm payroll data underperforming expectations, the risk aversion demand in the crypto market persists, which plays a significant role in supporting mainstream cryptocurrencies like XRP.