XRPUSDT: Are We Heading for a Critical Breakout? - XRP
2025-01-11
Category: None

◳◱  On the  BINANCE:XRPUSDT  chart, the BollingerBand Breakout Super-Trend pattern suggests an upcoming trend shift. Traders might observe resistance around 2.6071 | 2.8149 | 3.3285 and support near 2.0935 | 1.7877 | 1.2741. Entering trades at 2.4067 could be strategic, aiming for the next resistance level. 

◰◲  General Information :
▣ Name: XRP
▣ Rank: 3
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Mexc, Kraken
▣ Category / Sector: Payments - Currencies
▣ Overview: XRP is a cryptocurrency aiming to increase the speed and reduce the cost of transferring money between financial institutions. Underpinning Ripple's xRapid product, an on-demand liquidity solution, XRP is used as a bridge currency for financial institutions exchanging value between multiple fiat currencies. XRP is the native token of the XRP Ledger, an open-source cryptographic ledger powered by a peer-to-peer network of nodes.

◰◲  Technical Metrics :
▣ Current Price: 2.4067 ₮
▣ 24H Volume: 506,507,479.097 ₮
▣ 24H Change: 5.17%
▣ Weekly Change: -0.13%%
▣ Monthly Change: -1.68%%
▣ Quarterly Change: 347.70%%

◲◰  Pivot Points :
▣ Resistance Level: 2.6071 | 2.8149 | 3.3285
▣ Support Level: 2.0935 | 1.7877 | 1.2741

◱◳  Indicator Recommendations :
▣ Oscillators: SELL
▣ Moving Averages: STRONG_BUY

◰◲  Summary of Technical Indicators : BUY

◲◰  Sharpe Ratios :
▣ Last 30 Days: -0.16
▣ Last 90 Days: 5.35
▣ Last Year: 1.93
▣ Last 3 Years: 0.81

◲◰  Volatility Analysis :
▣ Last 30 Days: 0.75
▣ Last 90 Days: 1.22
▣ Last Year: 0.85
▣ Last 3 Years: 0.89

◳◰  Market Sentiment :
▣ News Sentiment:  N/A 
▣ Twitter Sentiment:  N/A 
▣ Reddit Sentiment:  N/A 

▣ In-depth  BINANCE:XRPUSDT  analysis available at  TradingView TA Page 



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◲  Disclaimer :  Disclaimer 
 The content provided is for informational purposes only and does not constitute financial, investment, or trading advice. Always conduct your own research and consult a qualified professional before making any financial decisions. Use of the information is solely at your own risk. 

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