Live Crypto Markets

HomeCoinsRippleRipple price analysis (Neutral) — 2.86 USDT (-0.57% 24h)

Ripple price analysis (Neutral) — 2.86 USDT (-0.57% 24h)

-

Market Insight — XRPUSDT
Sentiment: Neutral

XRPUSDT is showing consolidation around the $2.85 level with minimal deviation from key moving averages. The current price of $2.8563 sits just above both the 20-day SMA ($2.849) and 50-day SMA ($2.846), indicating potential support confluence. However, the 24-hour decline of 0.57% suggests mild selling pressure despite healthy volume of $297M. The RSI at 52.93 reflects neutral momentum without overbought or oversold conditions. Volatility remains moderate at 2.32%, typical for XRP’s characteristic price action. Traders should watch for a decisive break above $2.90 for bullish continuation toward $3.00 resistance, while a breakdown below the SMA cluster around $2.845 could trigger a test of $2.80 support. Given the tight range, consider waiting for a clear directional breakout with volume confirmation before entering new positions. Scalpers might find opportunities in the current range-bound movement.

Key Metrics

Price 2.8563 USDT
24h Change -0.57%
24h Volume 297926467.17
RSI(14) 52.93
SMA20 / SMA50 2.85 / 2.85
Daily Volatility 2.32%

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

XRP Reclaims Essential Price Support: Bullish Momentum Faces Critical Test

XRP has demonstrated renewed strength by reclaiming a vital price support level, sparking cautious optimism among market participants. While the digital asset's recent upward movement...

Bitcoin’s Bullish Outlook Amid European Central Bank Instability, According to Arthur Hayes

Prominent cryptocurrency investor Arthur Hayes has forecasted that Bitcoin stands to benefit significantly from escalating turmoil within the European Central Bank system. In his recent...

Bitcoin’s Path to Record Highs: Market Sentiment Shifts as Probability Surges 50%

Recent market analysis reveals a significant shift in cryptocurrency sentiment, with Bitcoin's probability of achieving a new all-time high increasing by 50% according to trading...

Trump Jr. Compares Media Deplatforming to Crypto Debanking at Singapore Blockchain Summit

During a keynote address at Singapore's premier cryptocurrency conference, Donald Trump Jr. characterized mainstream media's treatment of alternative voices as a 'disaster' while drawing parallels...

Most Popular

spot_img