$XRP USDT
#XRP/USDT Breaks Free from #bitcoin
After months of underperformance, #XRP has officially decoupled from Bitcoin, surging 7% in just 24 hours on Binance! 📈 It's the biggest spike since March 11! 📅 its one of the very few that continues showing strength on the main horizontal support.
XRP maintains the prices are coiling tightly, like a spring, suggesting a potential surge. The technical setup, characterized by declining volume, could signal an impending dramatic rise in Ripple's price as part of an ongoing uptrend.
Monthly support at approximately $0.47, whilst price has wicked below it (liquidity grab), it still hasn't closed below the monthly.
Purely based on the higher time frames Monthly/Weekly XRP is primed for a reversal, price is really at that piviotal moment as it sits on quite a lot of horizontal and diagonal support.
XRP/USDT
Current Price : $ 0.487183
Fear & Greed Index : 71 (Greed)
Sentiment : Bearish
Volatility : 3.56%
Green Days : 13/30 (43%)
50-Day SMA : $ 0.514741
200-Day SMA : $ 0.569607
14-Day RSI : 42.75
Market Cap : $ 26.76B #7
Diluted Market Cap : $ 48.28B
24H Volume : $ 3.45B #8
Vol. / M. Cap Ratio : 0.1288
Dominance : 1.14%
ATH : $ 3.92 (-88%)
ATL : $ 0.002802
Entry price is 0.4510 - 0.4880
Target price is 0.6410 - 0.7440
Stop loss price is 0.4201
Don’t forget to set stop loss, Always follow your trading plan regarding entry, risk management, and trade management.
DISCLAIMER : Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy.
DYOR
NOT FINANCIAL ADVICE
