Ripple price analysis (Bullish) — 2.32 USDT (+4.54% 24h)

XRP is showing strong momentum today, trading at $2.3243 with an impressive 4.54% gain over the past 24 hours. The current price sits comfortably above both the 20-day SMA ($2.296) and 50-day SMA ($2.265), indicating sustained bullish pressure. With an RSI of 54.49, XRP remains in neutral territory with room for further upside before reaching overbought conditions. The substantial $412 million trading volume suggests genuine institutional interest rather than retail speculation. However, traders should note the 4.53% volatility reading, which signals potential for sharp price swings. For position traders, holding above $2.30 could signal continued momentum toward the $2.40 resistance level. Short-term traders might consider buying dips toward the $2.28-$2.30 support zone with tight stop-losses. The key risk remains regulatory uncertainty surrounding Ripple’s ongoing legal battles, which could trigger sudden volatility.