Sentiment: Bullish
XRP is currently trading at $2.9675, showing a modest 0.72% decline over the past 24 hours despite substantial trading volume exceeding $367 million. The technical picture reveals an extremely oversold condition with RSI plunging to 19.06, well below the traditional 30 oversold threshold. This suggests potential exhaustion in selling pressure. Price action remains below both the 20-day SMA ($3.002) and 50-day SMA ($2.997), indicating short-term bearish momentum, though the narrow gap between these moving averages suggests consolidation may be imminent. The 2.55% volatility reading reflects relatively stable price action compared to typical crypto standards. For traders, current levels present a potential accumulation opportunity given the extreme oversold RSI reading, with tight stop losses below $2.90. Resistance awaits at the $3.00 psychological level where the moving averages converge. A break above $3.02 could trigger short-term momentum toward $3.20.
Key Metrics
| Price | 2.9675 USDT |
| 24h Change | -0.72% |
| 24h Volume | 367172636.94 |
| RSI(14) | 19.06 |
| SMA20 / SMA50 | 3.00 / 3.00 |
| Daily Volatility | 2.55% |
Ripple — 1h candles, 7D window (SMA20/SMA50, RSI).
