- Bulls losing the face-off here.
- XRP shows the bears win in the market as the candles lost the major support on 7 August
- RSI for XRP token shows the SELL action.
The XRP token has been forming the pattern of a bullish doji star. XRP sank by 3.14% on Monday. Following a 0.21% gain on Tuesday, XRP ended the day at 1.06. The last known price of this coin is 1.07% to 0.43% gain compared to yesterday.
A mixed start for the day saw XRP token fall to an early morning intraday low of $1.051 (Till time) and it is expected to sink more and mark an intraday low.
It has the current trading volume(s) of 4,381,286,218 with a gain of 25.38% over the last 24 hours. The trading volume has gone through a nearly 10% change in it since yesterday.
XRP has the addresses of 120,861 holders with the active address(es) of 2,114,141 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 below 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 downwards. Also the returns are going down with time. This is a time to do intraday trading only with this token.
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 50.667 and marks the neutral action.
MA-5, MA-10 and MA-20 show the buy action whereas MA-50 and MA-100 show the sell action. However, the XRP token at present is all set to buy but for intraday trading.
The bull/bear power has the value of 0.0078 and shows the buy action. The high/low marks the buy action with the value of 0.0016.
The XRP-BTC pair is trailing at the level of 0.00002375 and the loss of 1.03% was seen whereas the XRP-ETH pair is at 0.0003252 and the loss of 1.12% was seen in the last 24 hours. The volume/market cap of the token is 0.08831 and its market dominance is 2.43%.
We have seen that whenever the candles started to fall, they sustained at the trendline and are moving downwards. We see a downward trend where the bears win is visible.
So, if one wants to enter XRP then long now.
The days range for the coin is 1.02-1.09 and presently is at 1.070. The 24 hours high and low of the coin is 1.10 and 1.03 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