The price of XRP is currently at $2.14, experiencing a slight decline of 1.1% in the past 24 hours. It has a market cap of $123 billion and ranks fourth behind tether. The global trade volume for XRP is $5 billion, and its price has been fluctuating between $2.13 and $2.23. The daily chart suggests that XRP is taking a break after reaching $2.90 earlier in the month. The relative strength index (RSI) indicates a neutral market, with neither buyers nor sellers dominating. Both momentum and the moving average convergence divergence (MACD) show bearish trends. On the 4-hour chart, XRP is experiencing short-term bearish signals. The exponential moving average (EMA-10) and the simple moving average (SMA-10) are both bearish. The 1-hour chart shows resistance at $2.18 to $2.20 and support at $2.12. Oscillators are mostly signaling a neutral to bearish market, but long-term moving averages remain bullish. Overall, the market for XRP is in a period of calm before a potential storm, with traders exercising caution and tight risk management. If XRP breaks above resistance at $2.20 with strong volume, it could continue its recovery trend and potentially reach $2.30 or $2.40. However, if it falls below $2.12, it could test critical support at $2.10 and potentially lead to further declines.



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