![]() XRP traders use a variety of tools to try and determine the direction in which the XRP market is likely to head next. Periodīased on today's classical pivot point (P1) with the value of $ 0.528339, XRP has support levels of $ 0.522266, $ 0.514468, and the strongest at $ 0.508394. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA). Moving averages are a lagging indicator which means they are based on previous price action. The purpose of a moving average (MA) is to smooth price action over a certain amount of time. Moving averages are a popular indicator in all financial markets. Popular XRP Moving Averages and Oscillators for Mon, Jun 05, 2023 The RSI indicator suggests that the price of XRP will increase. Currently, the RSI value is at 71.84, which indicates that the XRP market is in a overbought position. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). XRP's short-term 50-Day SMA is estimated to hit $ 0.510774 by Jul 05, 2023. Meanwhile, a Golden Cross last occurred on Apr 03, 2023, which was 63 days ago.īased on our technical indicators, XRP's 200-day SMA will rise in the next month and will hit $ 0.460588 by Jul 05, 2023. The most recent Death Cross in the Bitcoin market happened 164 days ago, on Dec 23, 2022. ![]() The price of XRP is currently above the 50-day SMA and this indicator has been signaling BUY for the last 10 days, since May 26, 2023. The 200-day SMA has been signaling BUY for the last 20 days, since May 16, 2023. XRP is currently trading above the 200-day simple moving average (SMA). XRP Predictions for years 2023, 20 Based on Tech Growth Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. ![]() Based on our XRP forecast, it's now a bad time to buy XRP.ĭisclaimer: This is not investment advice. XRP recorded 20/30 (67%) green days with 6.79% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 53 (Neutral). According to our current XRP price prediction, the value of XRP is predicted to drop by -6.83% and reach $ 0.495934 by June 10, 2023.
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