Ripple price analysis (Bullish) — 2.54 USDT (+3.87% 24h)

XRP is showing strong momentum today, trading at $2.538 with an impressive 3.87% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($2.515) and 50-day SMA ($2.454), indicating sustained bullish pressure. However, traders should exercise caution as the RSI reading of 73.3 signals overbought conditions, suggesting a potential near-term pullback. The substantial 24-hour trading volume of nearly $296 million confirms strong institutional and retail interest, while the 3.09% volatility indicates typical XRP price swings. For traders, consider taking partial profits at current levels and setting buy orders around the $2.45-$2.48 support zone. Those looking to enter new positions might wait for a healthy retracement to avoid chasing the rally. Keep stop-losses tight given the elevated RSI, with key resistance likely forming around the $2.60 psychological level.