Technical analysis of XRP:

Pattern: XRP has surpassed the upper limit of its short-term range testing a previous high around $2.50.

MACD: Golden cross with both lines and continuous increase in momentum bars, indicating bullish continuation.

Volume: The volume accompanies the rise, providing effective support for this increase.

Fundamental analysis:

The market remains attentive to the progress of the lawsuit between Ripple and the SEC, any favorable ruling could boost the price.

The trading volume of XRP on Korean exchanges has recently increased, generating a short-term speculative surge.

Summary: XRP shows strength in the short term, if it stays above $2.40 it could head towards the range of $2.60 to $2.80.