Market in last 24 hrs
- XRPUSD price consolidated, moving between $0.197 and $0.205
- Price at time of publishing: $0.201
Today’s Trend analysis
Price should move sideways today. Some oscillators are neutral but compared to yesterday more now have flipped to confirm sideways momentum. MACD is close to 0 and both MACD and CCI are in their neutral zone.
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 neutral. RSI is at 47
- ‘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