XRPUSD - Downtrend Today. Price Technical Analysis #8
Market in last 24 hrs
- XRPUSD price saw a suddenly down movement. Market moved ~5%, between $0.1965 and $0.2061
- Price at time of publishing: $0.1973
Today’s Trend analysis
Price should move down today. Most of the Oscillator indicators are neutral but MACD histogram is in negative zone, RSI and CCI are trending down and are currently at 36 and -189 respectively. To add to this, price is touching lower Bollinger Band. Overall, marketed conditions imply that the price is going to move down. Brace yourself!
- Downward today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 36
- ‘Moving average‘ indicators are indicating an downtrend. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
- XRPUSD price saw a suddenly down movement. Market moved ~5%, between $0.1965 and $0.2061
- Price at time of publishing: $0.1973
Today’s Trend analysis
Price should move down today. Most of the Oscillator indicators are neutral but MACD histogram is in negative zone, RSI and CCI are trending down and are currently at 36 and -189 respectively. To add to this, price is touching lower Bollinger Band. Overall, marketed conditions imply that the price is going to move down. Brace yourself!
- Downward today
- ‘Oscillator‘ indicators are mostly neutral. RSI at 36
- ‘Moving average‘ indicators are indicating an downtrend. Ichimoku Cloud is neutral
----------------------------------------------------------------------------------------
The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
----------------------------------------------------------------------------------------
If you find the analysis useful, please like and share our ideas with the community!
- Mudrex
Trade active
XRP price is back in range defined in above analysis.Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.