Ripple price analysis (Bullish) — 2.35 USDT (+2.47% 24h)

XRP is showing renewed momentum, trading at $2.35 with a solid 2.47% gain over the past 24 hours. The current price sits comfortably above the 20-day SMA ($2.31) while testing resistance near the 50-day SMA ($2.33), indicating potential consolidation before the next directional move. With RSI at 63.23, XRP approaches overbought territory but maintains room for further upside. The substantial $446 million trading volume confirms genuine institutional interest, though the 4.46% volatility suggests traders should brace for potential swings. For active positions, consider buying dips toward $2.28-2.30 support with stops below $2.25. Take-profit targets could be set near $2.45-2.50 resistance zones. Given the technical setup, XRP appears poised for continued appreciation if it maintains above key moving averages, though regulatory developments remain a critical watchpoint for this asset.