1. Price movement & trend
Current price: 2.3839 USDT (-2.07%)
24h high: 2.4629 USDT
24h low: 2.3674 USDT
Change today: -1.89%
Support: 2.3674 USDT (current 24h low)
Resistance: 2.3910 USDT (last high)
Overall trend: Short-term bearish (falling), long-term bullish
Moving averages (MA)
MA(7): 2.3873 USDT (short-term average)
MA(25): 2.3952 USDT (medium-term average)
MA(99): 2.4195 USDT (long-term average)
The price is below the MA(25) and MA(99), indicating short-term weakness.
MA(7) is below MA(25), indicating a short-term downtrend.
The next resistance is at 2.3952 USDT, as this is the MA(25).
2. Trading volume & market dynamics
24h volume:
XRP: 145.07 million.
USDT: 350.54 million.
Current volume: 15.979 XRP
The trading volume is moderate, no signs of extreme movements.
A larger volume spike could either indicate a trend reversal or a continuation of the downtrend.
3. MACD indicator (momentum & trend strength)
DIF: -0.0052
DEA: -0.0037
MACD: -0.0016 (negative)
MACD remains negative, indicating weak buying power and potentially further losses.
No clear bullish signal; sideways or further downward possible.
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4. Performance over various time periods
7 days: +8.48% → short-term gains
30 days: +4.36% → Sideways movement
90 days: +347.52% → Strong medium-term uptrend
180 days: +317.35%
1 year: +315.32%
Long-term, XRP remains bullish, but there are signs of weakness in the short term.
5. Recommendations & strategy
Short-term: Caution is advised.
A possible buy opportunity will only arise when XRP closes above 2.395 USDT again.
If XRP falls below 2.367 USDT, a correction towards 2.35 USDT or lower may follow.
The trading volume is currently not strong enough for a clear direction.
MACD is negative → No clear buy signal.
Long-term: Bullish, but possibly pullbacks.
If you are investing long-term, pullbacks could present buying opportunities.
If you are already invested, a stop-loss protection below 2.36 USDT may be sensible.
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Conclusion
Neutral to bearish (short-term): The price is below key moving averages, MACD is negative.
Bullish (long-term): XRP has gained +347% in the last 90 days, so the long-term trend remains strong.
Recommendation: Wait for a clear buy signal above 2.395 USDT or a stronger pullback for cheaper buying opportunities.