XRP Next Move???XRP is making a triangle pattern on 1 hour chart, what are your throughts as to which side can we expect a breakout towards??
Key stats
About XRP
One of the old timers of the cryptoverse, Ripple was founded in 2012 as a digital payment network for businesses and institutions. Kinda like crypto’s SWIFT, if you like. And its native token XRP earns brownie points for being one of the most environmentally friendly and cheap-to-transfer cryptos — which is good considering that’s its main use case. However, since 2020, Ripple has been caught up with the SEC due to selling XRP as an allegedly unregistered security, which has been a thorn in its side for a while.
Technical Analysis Of XRP
Over the monthly graph, the price has shown an immutable trendline support, active for a prolonged time span. From this support, the massive shoots in price have manifested before, and for several months, its price has been lurking at the same dynamic support trendline. The price had waited a very
PREVIOUS WEEK UPDATE!A nice week behind me. I just went through the charts and explained very quickly what had happened. I got into 3 positions, 1L, 1BE and 1 currently in a profit ( EURAUD). I had some time for myself and my family as it was just my birthday. New analysis will be posted soon. Have a great week. T
XRP Price Jumps 22% Following $100 Million Inflows : What’s NextXRP Price Jumps 22% Following $100 Million Inflows : What’s Next?
XRP price surged nearly 22% a week, validating the breakout of an interesting pattern on a daily chart.
The Open interest contracts have jumped from $375 Million to $475 Million rising $100 Million a week.
XRP price took a big leap
The XRP asset has displayed bearish characteristicsThe XRP crypto has demonstrated a decline as the price sank from a vital supply level of around $0.73 on the chart, by mid-march 2024.
The asset has displayed bearishness and falling tendency as it plunged below major trend 50-day, and 200-day EMA's.
The XRP asset has displayed bearish characteris
Recently, this week Ripple has been struggling to maintain its pRecently, this week Ripple has been struggling to maintain its position. When the price of Bitcoin plummeted, almost all crypto assets had a rough day. This week, the price has dipped by 7.80% due to a shift in market sentiment indicators portrays bearishness, as BTC was down. However, the candle fo
the demand for the XRP risesFrom last month, the price has been consolidating in a range and has been trading beneath the 50-day and 200-day EMA's. A parabolic movement could burst in XRP if the struggle rules out in favor.
The XRP Daily Chart underscores that price control was in bears' hands, as it failed to reach last swin
If the demand for the XRP risesThe XRP Daily Chart highlights that price control was in bears' favor, as it failed to reach last swing highs and deteriorated at a constant pace. Also, it has been struggling below the 20-day. and 50-day EMA's.
However, the price structure was near the demand zone, where new buyers could join. Mo
XRP USD seems bullish for long termIt seems nice o prtunity to grab long move with minimum risk.
It is good opertunity for swing traders .
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Frequently Asked Questions
The current price of XRP (XRP) is 1.57230 USD — it has risen 6.96% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing XRP price chart.
The current market capitalization of XRP (XRP) is 89.62 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
XRP (XRP) trading volume in 24 hours is 21.09 B USD. See how often other coins are traded in this list.
XRP price has risen by 76.62% over the last week, its month performance shows a 200.15% increase, and as for the last year, XRP has increased by 153.20%. See more dynamics on XRP price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
XRP (XRP) reached its highest price on Jan 4, 2018 — it amounted to 3.31700 USD. Find more insights on the XRP price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
XRP (XRP) reached the lowest price of 0.00281 USD on Jul 6, 2014. View more XRP dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of XRP (XRP) is 99.99 B USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
XRP has the limit of 100.00 B coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying XRP is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade XRP right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for XRP (XRP): today its technical analysis shows the strong buy signal, and according to the 1 week rating XRP shows the strong buy signal. And you'd better dig deeper and study 1 month rating too — it's strong buy. Find inspiration in XRP trading ideas and keep track of what's moving crypto markets with our crypto news feed.
XRP (XRP) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, XRP is estimated as 10.99% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about XRP, you can find more inspiration in our curated watchlists.
You can discuss XRP (XRP) with other users in our public chats, Minds or in the comments to Ideas.