Ripple price analysis (Bullish) — 2.20 USDT (+8.66% 24h)

XRP is showing significant bullish momentum, surging over 8.65% in the past 24 hours to trade at $2.1989 against USDT. This move comes on substantial volume exceeding $305 million, indicating strong institutional or whale participation. The price has decisively broken above both the 20-day SMA ($2.156) and 50-day SMA ($2.076), confirming the uptrend’s strength. The RSI reading of 63 suggests the asset is approaching overbought territory but still has room to run before hitting extreme levels. The elevated volatility of 3.66% signals traders should expect continued price swings. For traders, consider buying on pullbacks toward the $2.15-$2.16 support zone with a stop-loss below $2.07. Take-profit targets could be set around $2.30-$2.35, but monitor the RSI closely—if it crosses above 70, consider taking partial profits as a short-term correction becomes more likely.