Market in last 24 hrs
- XRPUSD price consolidated yesterday
- Price at time of publishing: $0.20098
Today’s Trend analysis
Price should move sideways today. Oscillators are neutral, and compared to yesterday more now have flipped to confirm neutral momentum. MACD and RSI are about to cross up 0 and 50 respectively. CCI is close to 180, indicating that an upward momentum is gaining strength.
Another interesting point to notice is the affect of Halving-Hype and the impact of the same on BTC and other Crypto tokens. We are observing an increased trade volume and price volatility .
- Sideways/Choppy today
- ‘Oscillator‘ indicators are mostly neutral. RSI is at 49
- ‘Moving average‘ indicators are mixed. Ichimoku Cloud is neutral
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The analysis is based on signals from 28 technical indicators, out of which 17 are moving averages and remaining 11 are oscillators. These indicator values are calculated using 4 hr candles.
DM to get details of the above analysis and list of indicator & their values used to arrive at the above conclusion.
Note: Above analysis would hold true if we do not encounter sudden jump in trade volume .
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- Mudrex