At press time, XRP’s technical indicators appear to paint a mixed yet intriguing picture.
Its RSI is above its neutral line, with bullish momentum particularly evident. However, its position in the overbought region suggests that the recent pullback could extend further.

Meanwhile, rising funding rates and a steady rebound in XRP/ETH suggest that both strategic and speculative investors are involved in the recent period.
If this momentum continues, XRP could see a similar performance to the first quarter, when it unexpectedly outperformed Ethereum. 
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