Ripple price analysis (Bullish) — 2.61 USDT (+9.38% 24h)

XRP is showing impressive momentum today, surging 9.38% to $2.61 amid substantial trading volume exceeding $617 million. The current price sits comfortably above both the 20-day SMA ($2.53) and 50-day SMA ($2.46), indicating strong underlying bullish structure. However, the RSI reading of 66.78 suggests XRP is approaching overbought territory, which could trigger short-term profit-taking. The 5.67% volatility reading reflects the typical choppiness we expect during significant price moves. For traders, consider taking partial profits near the $2.65-2.70 resistance zone while maintaining core positions. New entries should wait for a pullback toward the $2.50 support level rather than chasing at current levels. Keep tight stop-losses around $2.45 given the elevated RSI. Volume confirmation remains key – any significant drop in trading activity could signal momentum exhaustion.