Sentiment: Bullish
XRP is showing intriguing technical signals as it hovers near $2.21, essentially testing its 20-day SMA of $2.2076. The 24-hour gain of 0.482% combined with substantial $259M volume suggests genuine accumulation interest at these levels. Most notably, the RSI reading of 34.27 indicates XRP is approaching oversold territory, potentially setting up for a momentum reversal. With price trading above both the 20-day and 50-day SMAs, the underlying structure remains constructive despite recent volatility of 4.8%. Traders should watch for a confirmed break above $2.25 with volume expansion as a potential long entry signal, while maintaining stops below the $2.19 support level. The current setup favors dip-buying strategies for swing traders, though position sizing should account for the elevated volatility environment.
Key Metrics
| Price | 2.2098 USDT |
| 24h Change | 0.48% |
| 24h Volume | 259440760.06 |
| RSI(14) | 34.27 |
| SMA20 / SMA50 | 2.21 / 2.20 |
| Daily Volatility | 4.82% |
Ripple — 1h candles, 7D window (SMA20/SMA50, RSI).
