Ripple price analysis (Bullish) — 2.65 USDT (+0.25% 24h)

XRP is showing intriguing technical signals at the current $2.65 level, with the price hovering just above both its 20-day and 50-day simple moving averages. The 9.25% surge over the past 24 hours on substantial $279 million volume indicates strong buying pressure, though the RSI reading of 37.7 suggests the asset remains in oversold territory despite the recent gains. This divergence creates an interesting setup where momentum appears to be building while technical indicators haven’t yet caught up to the price action. The relatively low volatility of 2.95% compared to typical crypto standards suggests this move may have room to run without immediate exhaustion. Traders should watch for a sustained break above the $2.68 resistance level, which could trigger further upside toward the $2.75-$2.80 range. Consider scaling into positions on any pullbacks toward the $2.60 support zone, keeping stops tight given the overall market uncertainty.