XRP is trading near $2.87, showing slight upward momentum with RSI neutral. Recent price action suggests consolidation after a dip, with support near $2.80 and resistance around $2.86.
Current Market Overview
XRP is at $2.87, up 3.12% in 24 hours. The price is above the 20-day SMA ($2.85) but below the 50-day SMA ($2.90), indicating mixed short-term signals.
Technical Indicators
RSI at 57 is neutral, not overbought or oversold. Volume is moderate, suggesting steady interest. The price is consolidating between recent highs and lows.
Support and Resistance
Key support levels are near $2.80 (recent local low). Resistance is around $2.86 (recent local high). These levels help identify entry and exit points.
Trading Strategy
Consider buying near support at $2.81 for a bounce. Sell near resistance at $2.86 to take profits. Monitor volume for confirmation of moves.
Beginner Recommendations
Advice: hold
Buy Price: 2.81 USDT
Sell Price: 2.86 USDT
Key metrics
Price | 2.8717 USDT |
24h Change | 3.12% |
RSI(14) | 57.07 |
SMA20 / SMA50 | 2.85 / 2.90 |
Daily Volatility | 2.26% |
Sentiment | Neutral |
Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.