Based on today's classical pivot point (P1) with the value of $0.00001058, XRP20 has support levels of $0.00001019, $0.0₅9862, and the strongest at $0.0₅9470. Similarly, XRP20 resistance levels are at $0.00001090, $0.00001130, and $0.00001162.
| # | Price | Strength |
|---|---|---|
| S1 | $0.00001019 | |
| S2 | $0.0₅9862 | |
| S3 | $0.0₅9470 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.00001090 | |
| R2 | $0.00001130 | |
| R3 | $0.00001162 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 53.87 | NEUTRAL |
| Stoch RSI (14) | 7.47 | BUY |
| Stochastic Fast (14) | 30.52 | NEUTRAL |
| Commodity Channel Index (20) | -8.74 | NEUTRAL |
| Average Directional Index (14) | 32.03 | BUY |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | -0.00 | SELL |
| MACD (12, 26) | -0.00 | NEUTRAL |
| Williams Percent Range (14) | -69.48 | NEUTRAL |
| Bull Bear Power (13) | 0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 49.22 | NEUTRAL |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, XRP20 price was most positively correlated with the price of Ethereum (ETH), The Sandbox (SAND), Chainlink (LINK), Arbitrum (ARB) and Gnosis (GNO) and most negatively correlated with the price of Hyperliquid (HYPE), Beldex (BDX), Canton (CC), Kaspa (KAS) and XDC Network (XDC).
| Name | Correlation |
|---|---|
| Ethereum | 0.835 |
| The Sandbox | 0.829 |
| Chainlink | 0.804 |
| Arbitrum | 0.793 |
| Gnosis | 0.786 |
| Name | Correlation |
|---|---|
| Hyperliquid | -0.333 |
| Beldex | -0.298 |
| Canton | -0.254 |
| Kaspa | -0.238 |
| XDC Network | -0.217 |
XRP20 price is positively correlated with the top 10 coins by market cap with a price of 0.379, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.366.
Currencies that are positively correlated with XRP20 indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with XRP20, a move in one direction for XRP20 would translate into a move in the opposite direction for the negatively correlated coin.
