Recently, XRP has shown a range-bound oscillation, attracting attention in the market. From the hourly chart, the price of XRP is stable around $2.87, which is the position of the middle band of the Bollinger Bands, indicating potential for further upward movement. However, investors need to closely follow the resistance level near $2.91, which will be crucial for XRP's ability to break through.

For investors who intend to participate in trading, it may be worth considering entering with a small position at the pullback level around $2.85. If XRP successfully breaks above the resistance, one can continue to hold the position. However, given the current market uncertainty, it is recommended that investors remain cautious and strictly implement risk management strategies.

It is worth noting that the cryptocurrency market is influenced by multiple factors, including but not limited to the global economic situation and changes in regulatory policies. Investors should comprehensively consider these factors and make judgments based on their own risk tolerance when making decisions.

Overall, XRP is currently in a critical price range, and the short-term trend may present opportunities for sharp traders, but it also comes with risks. It is advised that investors remain vigilant, keep following market dynamics, and adjust strategies in a timely manner.