Ripple price analysis (Bullish) — 2.44 USDT (+1.21% 24h)

XRP is showing encouraging technical momentum, currently trading at $2.4432 with a solid 1.2% gain over the past 24 hours. The cryptocurrency is trading above both its 20-day SMA ($2.408) and 50-day SMA ($2.396), indicating underlying bullish momentum. The RSI reading of 60 suggests the asset is approaching overbought territory but still has room for upward movement before hitting extreme levels. Trading volume exceeding $202 million demonstrates healthy market participation, while the 3.3% volatility indicates relatively stable price action compared to typical crypto standards. For traders, consider maintaining long positions with a stop-loss below the $2.39 support level. The immediate resistance to watch is around the $2.50 psychological level, which could trigger profit-taking if tested. Given the current technical setup, scaling into positions on any dips toward the $2.40-$2.42 range appears favorable for short-term traders.