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 price today stands at $1.3400, marking a decline of 2.90% over the past 24 hours and a more pronounced drop of 7.00% across the seven-day period. The digital asset maintains a market capitalisation of $82,837,789,152, positioning it among the largest cryptocurrencies by market value. The XRP real time price reflects ongoing bearish pressure across both short and medium-term timeframes, with the weekly performance showing particular weakness in recent trading sessions.
The RSI (14) registers at 15.4, placing the indicator deep within oversold territory. The RSI measures the speed and magnitude of price changes on a scale from 0 to 100, with readings below 30 typically considered oversold conditions.
The MACD shows a reading of -0.0188, with the signal line at -0.0117 and the histogram at -0.0072. The MACD measures the relationship between two moving averages of an asset's price, tracking momentum changes through the convergence and divergence of these averages.
The Bollinger Bands configuration shows an upper band at $1.4883, a middle band at $1.4060, and a lower band at $1.3237, with the current price positioned in the lower half of the channel. Bollinger Bands measure price volatility and relative price levels by creating dynamic support and resistance levels based on standard deviations.
Current trading volume reaches 82,837,790,000, representing 0.95 times the 20-period average of 86,881,750,500. Volume measures the total number of shares or contracts traded during a specific period, indicating the level of market participation.
The Fear & Greed Index records a value of 28 out of 100, placing market sentiment firmly within the "Fear" zone. This index measures market emotions and sentiment by analysing various factors including volatility, market momentum, and social media sentiment.
The Federal Reserve maintains interest rates at 3.64%, whilst the Consumer Price Index stands at 332.407 with a monthly variation of +0.64%. These metrics measure monetary policy stance and inflationary pressures within the US economy respectively.
The Nasdaq Composite closed at 26,225.14 points with a gain of 4.62%, whilst the S&P 500 reached 7,408.50 points at yesterday's close. These indices measure the performance of technology-focused companies and broad US equity market performance respectively.
The VIX closed at 17.26 points in the previous session. The VIX measures implied volatility expectations in the US equity market over the next 30 days, often referred to as the market's fear gauge.
Bitcoin dominance currently stands at 58.36% of the total cryptocurrency market capitalisation. This metric measures Bitcoin's market capitalisation as a percentage of the entire cryptocurrency market.
The US Dollar Broad Index (DTWEXBGS) recorded 118.04 points with a decline of 0.30% in the previous session. This index measures the strength of the US dollar against a basket of major trading partner currencies.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil stands at $101.56 per barrel. These commodities measure precious metals sentiment and energy market conditions respectively, serving as traditional inflation hedges and economic indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | -2.90% 24h |
| RSI (14) | Negative | 15.4 |
| MACD | Negative | Hist: -0.0072 |
| Bollinger Bands | Negative | in the lower half of the channel |
| Volume | Negative | 0.95x avg |
| Fear & Greed Index | Negative | 28/100 (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) | Positive | $101.56/barrel |