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The second largest coin on CoinMarketCap, XRP has seen significant growth since January 14 and is still constant. The currency suffered a sudden price increase on January 14, however, it did not last long.
At the time of printing, XRP was valued at $ 0.3305, with a market capitalization of $ 13.5 billion. The currency recorded a 24-hour trading volume of $ 474 million, down 0.68% in the last hour. The currency performed poorly, as evidenced by the 9.11% drop in the seven days.
1 hour
Source: view of trading
According to the chart of a coin's time, the currency has experienced a massive downtrend from $ 0.3860 to $ 0.3422. The currency recorded an uptrend from $ 0.3367 to $ 0.3263 with resistance marked at $ 0.3429 and support marked at $ 0.3206.
Bollinger bands they are at a convergent point, reducing market volatility. The moving average line of the coin appears to be above the sticks, pointing towards a bearish market.
Awesome Oscillator it also indicates a bearish market that loses momentum.
Chaikin cash flow it has just fallen below zero, indicating a downward trend.
1 day
Source: view of trading
The one-day chart of the currency suggests an increase from $ 0.3467 to $ 0.5639, after which it dropped from $ 0.4928 to $ 0.3826 to $ 0.3116. The currency rose gradually from $ 0.2931 to $ 0.3206 and has since undergone continuous ups and downs. The currency registered resistance at $ 0.4141 and support at $ 0.2905.
MACD the line is below the signal line, marking a bearish market. However, the MACD line could cross the signal line anytime soon.
Parabolic SAR indicates a bearish market as the markers lined up above the candlesticks.
Relative strength index indicates that buying and selling pressures give each other night.
Conclusion
All indicators together provide a downward race for XRP. The coin must be the second largest, but it is still in competition with Ethereum[ETHcheèpropriosottoilsuonasoepotrebbesuperarequalsiasimomentospecialmentequandostapompando[ETHwhichisrightunderitsnoseandmightovertakeanymomentespeciallywhenit'spumping[ETHcheèpropriosottoilsuonasoepotrebbesuperarequalsiasimomentospecialmentequandostapompando[ETHwhichisrightunderitsnoseandmightovertakeanymomentespeciallywhenit’spumping
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