On Friday, over the past hour, XRP traded from $ 2.50 to $ 2.50, with a market capitalization of $ 144 billion and the world trade volume amounted to $ 7.03 billion over the past 24 hours, while its intraday price varied from 2.41 to $ 2.63.
XRP
In the 1-hour XRP diagram, it shows a consolidation pattern with lower maximums and higher falls, which indicates a possible breakthrough. Support is set at the level of $ 2.50 to $ 2.50, and the resistance is obviously from $ 2.65 to $ 2.70. A sharp drop to $ 2.37 was quickly redeemed, which signaled high demand at lower levels. Putting the volume during failure assumes accumulation, which potentially supports the bull move if the impulse remains. If the XRP explodes above $ 2.65, probably a step towards $ 2.75 to $ 2.85, while the decrease below $ 2.45 can push the price to $ 2.35.
The 4-hour schedule reflects the bull rally from $ 2.3 to almost $ 2.00, after which a correction is given, which stabilized from $ 2.50 to $ 2.60. The resistance is set from $ 2.80 to $ 2.90, and support is from $ 2.40 to $ 2.50. A recent rollback showed a low sales volume, which indicates a weakening of bear pressure. If the XRP retains its support above $ 2.50, it may try to try another rally to the range from $ 2.90 to $ 3.00. Nevertheless, a violation below $ 2.40 may invite further shortcomings by checking the region from $ 2.30 to $ 2.30.
On the daily diagram, XRP continues to recover after a significant fall, consolidating from $ 2.50 to $ 2.60. A breakthrough of more than $ 2.50 occurred, but collided with a resistance of about $ 3.00, which caused a recovery. The price forms higher minimums, then a bull signal, if the pulse continues up. Key resistance levels are $ 3.00 and $ 3.15, while the main support is the zone from $ 2.20 to $ 2.30. If you maintain the purchase pressure, the XRP can strive for a repeated test at $ 3.00, although the inability to hold more than $ 2.40 can lead to an expanded decrease.
The oscillators provide mixed signals with the relative force index (RSI) in 49.83, stochastic at 54.28, the commodity channels (CCI) at 7.55, the average index of the directed (ADX) at 25.99 and an amazing generator at 0.024, all maintaining the neutral rack. The pulse (10) is 0.1875, signaling the sale, while the level of convergence divergence (MACD) with an average average at -0.03243 indicates the purchase. These indications suggest indecision in the market, neither bulls nor stable are controlled.
Moving average values reflect a combination of bull and bear signs. The exponential sliding medium (EMA) 10, 20 and 100, as well as simple sliding medium (SMA) 10, 20 and 30, suggest a purchase signal, while the EMA 30, 50 and 200, as well as SMA 50 and 100 indicate the pressure on the sale. This divergence assumes that, although shorter trends, forced bull, long -term trends remain vague. A steady step above the level of key resistance resistance can shift the mood more decisively in favor of customers.
Bull’s verdict:
The ability of the XRP to hold more than $ 2.50 in combination with strong accumulation at lower levels suggests that a bull impulse can push prices up to 2.90 to $ 2.00 in the near future. If the volume confirms the breakthrough above $ 2.65, buyers can restore control by setting the basis for further profit.
Bear Verdict:
The inability to maintain support from above $ 2.50 and a break below $ 2.40 can cause an increase in sales pressure, which will potentially lead to XRP to 2.20 to $ 2.30. With mixed signals from the oscillators and sliding averages, the bear continued to be possible if the pulse is strengthened.
