Live Crypto Markets

HomeCoinsRippleRipple price analysis (Neutral) — 2.87 USDT (+1.75% 24h)

Ripple price analysis (Neutral) — 2.87 USDT (+1.75% 24h)

-

Market Insight — XRPUSDT
Sentiment: Neutral

XRPUSDT is showing modest bullish momentum, trading at $2.87 with a 1.75% gain over the past 24 hours. The price currently sits above the 20-day SMA ($2.85) but remains below the 50-day SMA ($2.90), indicating potential resistance overhead. Volume remains healthy at $438M, suggesting sustained interest. The RSI at 54 shows neutral momentum with slight bullish bias, while volatility remains moderate at 2.23%. Key resistance sits around the $2.90-2.95 zone where the 50-day SMA converges. Support holds near $2.85. Traders should watch for a decisive break above $2.95 for continuation toward $3.00, while a break below $2.85 could trigger a retest of lower support levels. Position sizing should remain conservative given the tight trading range.

Key Metrics

Price 2.8718 USDT
24h Change 1.75%
24h Volume 438310997.50
RSI(14) 54.14
SMA20 / SMA50 2.85 / 2.90
Daily Volatility 2.23%

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Ether’s 17% Weekly Rally: Analyzing Bullish Positioning and Market Dynamics

Ether's impressive 17% surge over the past week has reignited discussions about the cryptocurrency's potential to breach the $5,000 threshold. Market analysts suggest that achieving...

FDIC Initiates Regulatory Review to Shape Banking Sector’s Crypto Engagement

The Federal Deposit Insurance Corporation (FDIC) has announced plans to conduct a comprehensive review of banking regulations that could significantly influence financial institutions' relationships with...

Ethereum Foundation Executes Strategic Treasury Diversification: 1,000 ETH Converted to Stablecoins for Development Funding

In a strategic treasury management move, the Ethereum Foundation has liquidated 1,000 ETH through decentralized exchange CoW Swap, converting the assets into stablecoins. This transaction...

CleanSpark Expands Bitcoin Reserves to 13,000 BTC Following September Production Surge

CleanSpark, a prominent Bitcoin mining enterprise listed on Nasdaq, has significantly strengthened its cryptocurrency holdings, now maintaining a treasury exceeding 13,000 BTC. This strategic accumulation...

Most Popular

spot_img