Sentiment: Neutral
XRPUSDT is currently trading at $2.9872, showing a slight decline of 1.717% over the past 24 hours. The RSI reading of 40.28 indicates the asset is approaching oversold territory, which often presents potential buying opportunities for swing traders. Price is trading just below both the 20-day SMA ($2.996) and 50-day SMA ($3.023), suggesting short-term bearish pressure but with key support levels nearby. The substantial 24-hour volume of $357M demonstrates strong market interest despite the price dip. Given the current technical setup, I recommend accumulating positions near $2.95-$2.98 levels with tight stop losses below $2.90. The relatively low volatility of 2.27% suggests consolidation before the next significant move. Watch for a break above the 20-day SMA for confirmation of bullish momentum resumption.
Key Metrics
| Price | 2.9872 USDT |
| 24h Change | -1.72% |
| 24h Volume | 357147127.46 |
| RSI(14) | 40.28 |
| SMA20 / SMA50 | 3.00 / 3.02 |
| Daily Volatility | 2.27% |
Ripple — 1h candles, 7D window (SMA20/SMA50, RSI).
