- XRP after the positive bump from $0.2600 to $0.7650 in the last week, slips from the high and CMP at $0.5500 with intraday loss of -4.10%
- The pair of XRP/BTC gains over +0.53% stands at 0.00003207 BTC
The monthly chart of XRP had a positive bump from the level of $0.2600 to $0.7650 in the last week supported by the volume and after the positive price action XRP hits the new 52-week high of $0.7650 but the profit booking pulls the price to the levels of $0.5500 in today’s trading session with the intraday loss of -4.10%. The volume recorded in the last 24-hours is $22,943,370,208 and the total market capitalization stands at $24,965,081,639.
Over the monthly chart, XRP finds support at $0.3000 and while the strongest support is at the level of$0.2250, while on the higher level the resistance is at $0.7800 and $0.8000.
The daily chart of XRP after hitting the high of $0.7680 on 24th November the coin slips from the higher level and hits the low of $0.4620 can be considered as the short term support. The coin is in the bearish trend over the daily chart. The support for the short term is placed at $0.4620 and $0.4150, however, on the higher side, the resistance is placed at $0.5880 and $0.6450.
The Relative Strength Index (RSI) is trading at the level of 47.90 after testing the oversold zone and trading flat. Indicating the negative momentum in the coming trading session.
Directional Movement Index (DMI) gave a negative crossover suggesting the negative trend in the coming days.
Moving Average Convergence Divergence (MACD) after the positive crossover now heading for the negative crossover indicating the negative crossover in the coming trading sessions.
Support level: $0.4620 and $0.4150
Resistance level: $0.5880 and $0.6450