Ripple price analysis (Bullish) — 2.26 USDT (+0.11% 24h)

XRP is showing strong momentum, trading at $2.26 with an impressive 11.1% gain over the past 24 hours. The current price sits above both the 20-day SMA ($2.22) and 50-day SMA ($2.24), indicating sustained bullish pressure. However, caution is warranted as the RSI reading of 76.45 signals overbought conditions, suggesting a potential near-term pullback. Trading volume remains robust at $292 million, supporting the current price action. The 4% volatility reading indicates moderate price swings are likely. For traders, consider taking partial profits at current levels while maintaining a core position. Wait for a pullback toward the $2.20-$2.22 support zone for fresh entries. Stop losses should be placed below $2.15 to protect against any sudden reversal. The overall structure remains bullish, but patience for better risk-reward entries is advised given the extended technical readings.