XRP has gained 4% in the past 24 hours, with investor optimism increasing due to the growing chances of a US XRP Spot ETF approval. This positive sentiment is supported by improving technical indicators, including the RSI returning to a neutral position and the price remaining above the Ichimoku Cloud.

Although XRP is currently trading within a range, its bullish EMA pattern and stable support levels indicate cautious optimism in the market. The upcoming days could be critical, as a breakout above resistance levels may coincide with the ETF narrative, leading to further upward movement.

The rebound of XRP's Relative Strength Index (RSI) from 36.51 to 50.40 signals a shift in momentum. While the RSI has not reached bullish levels, staying above 50 suggests a potential change in momentum if it continues to rise.

XRP is currently hovering above the Ichimoku Cloud, indicating weak bullish momentum. However, the cloud changing from green to red suggests possible resistance and a weakening trend outlook. The short-term uncertainty is reflected in the proximity and flatness of the Tenkan-sen and Kijun-sen lines, while the Chikou Span offers no clear bullish continuation confirmation.

XRP's Exponential Moving Averages (EMAs) remain bullish, indicating upward momentum, with a resistance level at $2.30 and support at $2.15. A breakout above resistance could lead to further gains, while a drop below support levels could pressure the bullish structure.

In summary, XRP's current technical indicators point to a cautiously optimistic market sentiment, with potential for further upside if key resistance levels are breached.