XRP XRP
⚠️ Notice: This report describes the state of the market at the time of its generation. It does not constitute financial advice or investment recommendation. Any investment decision is the sole responsibility of the reader.
XRP trades at $1.3800, maintaining an identical price level to the previous report. The cryptocurrency has recorded a 0.71% gain over the past 24 hours whilst experiencing a more pronounced decline of 10.32% across the seven-day period. XRP's market capitalisation stands at $85,262,809,635, positioning it amongst the largest digital assets by market value. The XRP price today reflects this mixed short-term performance, with modest daily gains contrasting against the broader weekly decline that has characterised recent trading sessions.
The RSI (14) registers 11.8, indicating XRP operates within extremely oversold territory. The Relative Strength Index measures momentum oscillations between 0 and 100, with readings below 30 typically signalling oversold conditions.
The MACD line sits at -0.0152, with the signal line at -0.0086 and the histogram at -0.0066. The Moving Average Convergence Divergence indicator measures the relationship between two moving averages of an asset's price to identify momentum changes.
XRP trades within the central zone of the Bollinger Bands channel, with the upper band at $1.4928, the middle band at $1.4160, and the lower band at $1.3392. Bollinger Bands measure price volatility and potential support and resistance levels using standard deviations from a moving average.
Current trading volume reaches 85,184,790,000, representing 97% of the 20-period average of 87,498,188,000. Volume measures the total number of shares or tokens traded during a specific timeframe, indicating market activity levels.
The Fear & Greed Index scores 29 out of 100, placing market sentiment in the "Fear" zone. This index measures market emotions and sentiment by analysing various factors including volatility, market momentum, and social media trends.
The Federal Reserve maintains interest rates at 3.64%, whilst the Consumer Price Index reached 332.407 with a monthly variation of 0.64%. These metrics measure monetary policy stance and inflation levels within the US economy respectively.
The Nasdaq Composite closed at 26,225.14 points, gaining 4.62%, whilst the S&P 500 settled at 7,408.50 points. These indices measure the performance of technology-heavy stocks and the broader US equity market respectively.
The VIX volatility index registered 17.26 points. The VIX measures expected volatility in the S&P 500 index over the next 30 days, often referred to as the market's "fear gauge".
Bitcoin dominance accounts for 58.36% of the total cryptocurrency market capitalisation. This metric measures Bitcoin's market share relative to all other cryptocurrencies combined.
The US Dollar Broad Index (DTWEXBGS) stands at 118.04, declining 0.30%. This index measures the US dollar's strength against a basket of major trading partner currencies.
Gold trades at $4,537.74 per ounce in XRP real time markets, whilst WTI crude oil reached $101.56 per barrel. These commodities measure precious metal values and energy costs respectively, serving as traditional stores of value and economic indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | +0.71% 24h |
| RSI (14) | Negative | 11.8 |
| MACD | Negative | Hist: -0.0066 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Neutral | 0.97x avg |
| Fear & Greed Index | Negative | 29/100 (Fear) |
| BTC Dominance | Neutral | 58.4% |
| Nasdaq Composite | Positive | 26,225 pts |
| S&P 500 | Positive | 7,408 pts |
| VIX | Neutral | 17.26 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.04 |
| Gold | Positive | $4,538/oz |
| Oil (WTI) | Neutral | $101.56/barrel |