Technical analysis by Crypto2AF about Symbol XRP on 1/11/2025

Crypto2AF

◳◱ On the 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 XRPUSDT analysis available at TradingView TA Page▣ Your thoughts matter! What do you think of this analysis? Share your insights in the comments below. Your like, follow, and support are greatly valued and help sustain high-quality content.◲ Disclaimer: DisclaimerThe 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.▣ Explore the Power of Charting with TradingViewUnlock a wide range of financial analysis tools, data, and features to elevate your trading experience. Take a tour and see the possibilities. If you decide to upgrade your plan, you can receive up to $30 back. Discover more here - affiliate link -