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HomeCoinsRippleRipple price analysis (Bullish) — 2.46 USDT (+4.87% 24h)

Ripple price analysis (Bullish) — 2.46 USDT (+4.87% 24h)

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Market Insight — XRPUSDT
Sentiment: Bullish

XRP is showing strong momentum with a 4.87% gain over the past 24 hours, currently trading at $2.46. The cryptocurrency has decisively broken above both its 20-day SMA ($2.41) and 50-day SMA ($2.38), indicating sustained bullish pressure. However, the RSI reading of 69.57 suggests XRP is approaching overbought territory, which could signal near-term consolidation. Trading volume remains robust at over $260 million, supporting the current price action. The 3.89% volatility reading indicates relatively stable movement compared to typical crypto standards. For traders, consider taking partial profits near the $2.50 psychological level while maintaining core positions. Support now sits around the $2.38-$2.41 SMA confluence zone. A break above $2.50 could target $2.65, but be cautious of potential profit-taking pressure given the elevated RSI. Position sizing should account for the ongoing regulatory developments that continue to impact XRP’s price dynamics.

Key Metrics

Price 2.4649 USDT
24h Change 4.87%
24h Volume 260439204.37
RSI(14) 69.57
SMA20 / SMA50 2.41 / 2.38
Daily Volatility 3.89%

Ripple — 1h candles, 7D window (SMA20/SMA50, RSI).

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