Live Crypto Markets

HomeCoinsRippleRipple price analysis (Bullish) — 3.17 USDT (+4.49% 24h)

Ripple price analysis (Bullish) — 3.17 USDT (+4.49% 24h)

-

Market Insight — XRPUSDT
Sentiment: Bullish

XRPUSDT is showing strong momentum with a 4.49% gain over the past 24 hours, trading at $3.17 and well above both the 20-day SMA ($3.12) and 50-day SMA ($3.07), indicating a solid uptrend. The RSI reading of 69 suggests the asset is approaching overbought territory but hasn’t crossed the critical 70 threshold yet. Volume of over $413 million demonstrates healthy interest, though the moderate volatility of 2.14% suggests controlled price action rather than speculative frenzy. Traders should consider taking partial profits near the $3.20-3.25 resistance zone while maintaining a core long position. Set stop-losses below $3.10 to protect gains. The overall structure remains constructive for further upside, but be prepared for potential consolidation after this recent move.

Key Metrics

Price 3.1702 USDT
24h Change 4.49%
24h Volume 413433980.42
RSI(14) 69.04
SMA20 / SMA50 3.12 / 3.07
Daily Volatility 2.14%

Ripple — 1h candles, 7D window (SMA20/SMA50, RSI).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Walmart’s OnePay Expands Crypto Services with Bitcoin and Ethereum Trading Features

In a strategic expansion of its financial technology offerings, Walmart's digital payment platform OnePay is preparing to integrate Bitcoin and Ethereum trading capabilities into its...

Federal Court Declares Bored Ape NFTs Exempt from Securities Regulations in Precedent-Setting Ruling

In a definitive legal judgment with far-reaching implications for digital asset markets, a federal court in California has determined that Bored Ape Yacht Club non-fungible...

Coinbase’s Bitcoin-Backed Lending Platform Surpasses $1 Billion in Originations

Coinbase has achieved a significant milestone in its institutional lending operations, with its on-chain lending product originating over $1 billion in loans since its market...

Bitcoin Nears Historic $124K Milestone Amid Uptober Rally and U.S. Fiscal Uncertainty

Bitcoin surged dramatically in early October, approaching a landmark price of $124,000 during a period of heightened market activity. The cryptocurrency's upward trajectory, part of...

Most Popular

spot_img