- XRP Token at the monthly chart is trying to sustain above its all major moving averages of 20, 50, 100, and 200-day lines after facing pullback from the higher side.
- The crypto asset is still trading above all major moving averages, but the volume activity is still lower and needs to improve sharply.
- The pair of XRP/BTC is trading at 0.00001894 BTC with an intraday loss of -1.06%, and the ratio of XRP/ETH is CMP at 0.0002581 ETH with a 24-hour change of -1.68%
XRP token over the monthly chart is trying to sustain above its vital moving averages of 20, 50, 100, and 200-day lines. Despite facing pullback from the higher side, the crypto asset still manages to be placed above all DMA lines. Volume activity at the monthly chart is still flat and needs to grow strongly in upcoming trading sessions.
We can expect levels of $1.50 to $1.75 in forthcoming trading sessions if the coin manages to sustain above all major support lines. Support on the lower side is $1.00 and $0.94, whereas resistance on the higher side is $1.27 and $1.42.
XRP token at the weekly chart is trading flat after a sharp bullish rally from the lower levels
XRP token at the weekly chart is trading flat after a sharp bullish rally from the lower levels. Meanwhile, the technical parameter is heading lower, and volume activity is average at the 4-hour time frame. The digital asset witnesses slight selling pressure from the higher levels and now trying to sustain flat in a neutral zone. XRP price is trading at $1.16 with an intraday drop of -2.36%, and the volume to market cap ratio is 0.05964.
Relative Strength Index (BEARISH): XRP token RSI is heading towards the lower zone at the weekly chart. In contrast, the coin trades near the lower area and projects a slight caution with longs, RSI at 48.
Moving Average Convergence Divergence (BEARISH): The daily chart projects a bearish trend at the 4-hour time frame. At the same time, the seller’s line (red) overpowers the buyer’s signal line (green) with no sign of significant recovery.
Support levels: $1.00 and $0.94
Resistance levels: $1.27 and $1.42.