XRP was traded the most on the BCEX exchange which was responsible for 7.54% of the overall trade.
Resistance 1: $0.26007 Support 1: $0.25089 Support 2: $0.23561
The short term chart of XRP has been witnessing a relatively stable price at around $0.25 in recent times, oscillating around Support 1.
The converging of the Bollinger Bands show that price volatility is lower than before.
Chaikin Money Flow indicated a balanced market, with almost equal distribution and accumulation.
Awesome Oscillator exhibited the appearance of green with weak bullish momentum with the bars getting progressively smaller.
Resistance 1: $0.28019 Resistance 2: $0.32697 Resistance 3: $0.42916 Support 1: $0.23561
The long term chart indicated that the price of XRP had been oscillating between Resistance 1 and Support 1 since the price drop on the 24th of last month when it breached Resistance 1.
Relative Strength Index indicates neither oversold nor overbought, moving just around the 50 mark.
Parabolic SAR suggests the start a bear market is in progress, as it moves over the price candles.
MACD indicated weak bullish momentum, with the signal line having just crossed over the MACD line.
XRP looks to be stable in the short term, with low price volatility, while the long term chart indicates a weak bullish momentum.
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