- XRP works more like Swift as it offers asset exchange, remittance systems used for payment settlements.
- The token has shown the pattern of doji star bearishness in the last 5 hours.
- The RSI oscillator for XRP shows the BUY action.
The last known price of the token, XRP, is 0.6084 and is up by 0.79% over the last 24 hours. It has the current trading volume(s) of 2,088,417,686 with a loss of 19.72% over the last 24 hours. XRP has holders of 89,433 with the active transfer(s) of 1,188,981 in the last 24 hours. The chart above shows the movement of XRP where 200 DMA has been running above it and even DMA-50 is above it until 24 June. We see the token with respect to SMA’s which are 20, 50 and 200 and it is SMA-20 which is behind one(SMA-200) SMA but has recently crossed SMA-50.
We see a downward pattern where the bears are leading. The trend line marked shows this downward shifting. The candles forming now are about to touch the level of SMA-200 and as per the running of the token in the past we assumed that the coin would be crossing its 200 DMA.
The circulating supply of XRP is 46.27B XRP coins and its maximum supply is not available. Thus, Its top 10 and 20 holders have more than 50% holdings and top 50 and 100 have more than 60% which makes the decent supply side of the coin.
An RSI oscillator is also present in the chart which shows the proper time to buy or sell the token. RSI for the last 5 hours shows the value of 62.004 and marks the buy action. MA-5, MA-10 and MA-20 show the buy action. Even MA-100 and MA-200 show the same buy action along with EMA’s. However, the XRP at present is all set to buy.
The bull/bear power has the value of 0.0083 and shows the buy action. The high/low marks the buy action with the value of 0.0080 either.
The XRP-BTC pair is trailing at the level of 0.00001804 and the low of 2.48% was seen whereas the XRP-ETH pair is trailing at the level of 0.0002853 and the low by 1.93% was seen in the last 24 hours. The volume/market cap of the token is 0.07489 and its market dominance is 2.04%.
Conclusion: The days range for the coin is 0.57552-0.61227 and presently is at 0.60912. The 24 hours high and low of the coin is 0.6112 and 0.5767 respectively. We observed that the coin has gained boost in the form of wicks and so it is expected that it would cross the SMA-200 in the coming time and so you can long for the token now.
- The unit is USD
- SMA-20: Green colour
- SMA-50: Red colour
- SMA-200: Blue colour