As of February 7, 2025, XRP is experiencing a bullish trend. Here's the latest price movement:

Over the past 24 hours, XRP's price has increased by approximately 6.7%, with a trading volume of around $7.68 billion.

Technical analysis indicates that XRP is approaching a breakout point. A move above $2.40 could confirm a bullish wave, potentially targeting prices above $3.07.

However, it's important to note that earlier today, XRP experienced a decline of about 4.9%, trading at $2.31, down from its mid-January high of $3.40.

Overall, the current market sentiment for XRP appears optimistic, with recent gains suggesting a positive outlook.