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 : 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. ▣ Explore the Power of Charting with TradingView Unlock 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 -