$XRP has crossed the 50-day and 200-day moving averages on the daily time frame — a bullish signal for the long term.

The price is currently sitting just below the resistance level at $2.40.

It's hesitating, seemingly watching Bitcoin. As long as Bitcoin hasn’t broken its all-time high, altcoins may remain cautious.

I expect an attempt to break through the $2.40 level.

If successful, the next targets would be $2.60 and $3.