- XRP lets its holders transact in lower fees, faster transactions.
- XRP lost the major support from SMA-50 at $1.280
- RSI for XRP shows the SELL action.
The token has been forming the pattern of downside gap three methods. XRP sank by 3.54% on Thursday. Following a 4.21% low on Wednesday, XRP ended the day at 1.10. The last known price of this coin is 1.09% to -0.06% loss compared to yesterday.
A mixed start for the day saw XRP fall to an early morning intraday low of $1.081 (Till time) and it is expected to sink more and mark an intraday low.
It has the current trading volume(s) of 7,219,117,218 with a low of 37.38% over the last 24 hours. The trading volume has gone through a nearly 4% change in it since yesterday.
XRP has the addresses of 118,563 holders with the active address(es) of 2,054,417 in the last 24 hours. The circulating supply of tokens is 46,585,282,244 XRP coins and a max. supply of 100,000,000,000 XRP coins.
SMA-20, SMA-50 and SMA-200
The chart above shows the movement of XRP where 20 SMA have been running above the other two SMA’s (SMA-200 and SMA-50). We see the token with respect to SMA’s which are 20, 50 and 200.
We see that candles are forming at $1.11-$1.21 price since 7 September. Also the returns remained stagnant at 4-5% in the past 2 days. At present returns might increase.
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 43.227 and marks the sell action.
MA-5, MA-10 and MA-20 show the sell action. Also MA-20 and MA-50 and MA-100 show the sell action. However, the XRP at present is all set to buy.
The bull/bear power has the value of -0.0018 and shows the sell action. The high/low marks the neutral action with the value of 0.0000.
The XRP-BTC pair is trailing at the level of 0.00002375 and the gain of 0.03% was seen whereas the XRP-ETH pair is at 0.0003148 and the loss of 2.02% was seen in the last 24 hours. The volume/market cap of the token is 0.1426 and its market dominance is 2.42%.
We have seen that whenever the candles started to fall, they sustained at the trendline and moved higher. But they lost support at $1.29 and have fallen since then.
However, they are sinking now and might settle after acquiring support from SMA-200.
So, if one wants to enter XRP then long now.
The days range for the coin is 1.01-1.13 and presently is at 1.088. The 24 hours high and low of the coin is 1.134 and 0.804 respectively.
The XRP ATH is 3.84 and ATL is 0.002802.
XRP ROI (approximate return on investment if purchased at the time of launch) is 21838.83%. This is just an assumption. Long the token by the decision of your own thoughts.
- The unit is USD
- SMA-20: Green colour
- SMA-50: Red colour
- SMA-200: Blue colour