XRP is traded at $ 2.60, with a market capitalization of 150 billion dollars. USA and 24-hour trade volume of $ 5.67 billion, which pass from $ 2.48 to $ 2.63, as traders evaluate key technical levels for several temporary areas.
XRP
The 1-hour XRP diagram indicates short-term consolidation with the formation of higher minimums, which indicates a potential accumulation. Direct support is observed from 2.55 to $ 2.60, while the resistance is from $ 2.65 to $ 2.70 per XRP. The volume is mixed, with intermittent spikes hinting at the active participation of traders. The movement below $ 2.50 can cause additional pressure on the sale, while a breakthrough above $ 2.70 can push XRP to the resistance zone in the amount of $ 3.00. Short -term prospects remain neutral for bull, depending on a stable purchase impulse.
On the 4-hour diagram, XRP demonstrates a strong rally, followed by treatment and consolidation near key levels. The resistance is determined from $ 2.90 to $ 3.00, while support remains solid in the range from $ 2.40 to $ 2.50. The volume decreased slightly, which indicates a potential slowdown in the bull impulse. If the XRP surpasses $ 2.70 with a strong volume, probably a push of $ 3.00 for XRP. Nevertheless, the inability to keep above $ 2.40 can identify an asset for further risk of reduction.
The XRP daily diagram reflects a wider recovery after the previous descending trend, while XRP bounced $ 1.77 from the minimum. The main resistance is observed at $ 3.15, while support remains from $ 2.20 to $ 2.40. An increase in the volume of bidding on bull candles signals a sustainable percentage of purchase, although price actions suggest that XRP may require further consolidation before taking another decisive step. Refusal from 2.40 to 2.50 dollars may be the possibility of purchasing for swinging traders focused on a zone from $ 3.15 to $ 3.15.
The oscillator testimony is shown mixed signals with a relative force index (RSI) at 52.45, stochastic at 52.83, commodity channels (CCI) at 29.70 and the average direction (ADX) at 27.89, all of them support neutral positions. Meanwhile, the amazing level of the oscillator, the indicator of the pulse and the average average (MACD). Everyone signals the bias of the purchase. These indicators suggest that although the impulse is being built, the XRP lacks a clear condition for replacement or resale, strengthening the constant phase of consolidation.
Medium movements (MAS) provide mainly optimistic prospects, with exponential sliding medium (EMA) and simple sliding medium (SMA) for 10, 20, 30, 50, 100 and 200 periods, mainly indicating the purchase. It is noteworthy that a simple sliding average (SMA) for a 50-periodic period is the only sale signal, which involves short-term resistance. Alignment of the sliding medium -sized indicates a supporting trend: long -term buyers probably consider failures as opportunities for accumulation.
Bull’s verdict:
Technical indicators and price action XRP suggest that bull bias, and strong support from $ 2.40 to $ 2.50 and potential to reach the resistance zone from $ 3.15 dollars. Most sliding average indicate the pressure on the purchase, while the generators remain neutral to a little positive. If the volume increases, and the XRP breaks over $ 2.70, the bull impulse can accelerate, which makes higher levels, achievable in the short and medium term.
Bear Verdict:
Despite the signs of accumulation, XRP is faced with a key resistance at 2.70 dollars and $ 3.00, with a decrease in volume on a 4-hour schedule, involves a weakening of a bull pulse. A simple sliding average (SMA) for the 50-periodic period represents a sales signal, which indicates a potential short-term pressure. The inability to keep above $ 2.50 can deduce the XRP with a fall in the direction of support for support of $ 2.40, and a break below this level can lead to a further decrease, casting a challenge.
