Ripple price analysis (Neutral) — 2.28 USDT (-1.92% 24h)

XRP is showing consolidation patterns after a slight 1.9% pullback, currently trading at $2.28 with moderate volatility around 4.56%. The RSI reading of 54 suggests neutral momentum, neither overbought nor oversold, indicating balanced market participation. Notably, price action is hovering near both the 20-day SMA ($2.27) and 50-day SMA ($2.28), creating a critical technical juncture. Volume remains substantial at $148 million, suggesting institutional interest persists despite the minor correction. For traders, watch for a decisive break above $2.30 for bullish continuation toward $2.40 resistance. Alternatively, a breakdown below $2.25 could trigger further selling toward $2.15 support. Position sizing should remain conservative given the elevated volatility environment. Consider dollar-cost averaging on dips for longer-term holdings while active traders might employ range-bound strategies between key technical levels.