Ripple

(Last Updated February 24, 2021)

Hello! This is the news page for Ripple. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:

The Trend

Perhaps the most noteworthy trend we’re seeing on XRP is at the 30 day level, where a clear uptrend is apparent.

XRP Moving Averages

Across several time periods between 20 and 200 days, the trend on XRP has remained consistently bullish.

The chart below illustrates.

The View From the Weekly Timeframe

Currently, XRP’s price is down $-0.04 (-7.03%) from the week prior. Moreover, note that this is the 2nd consecutive week XRP has seen its price head down. Regarding the trend, note that the strongest trend exists on the 10 week timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on XRP. Given that we see an uptrend on the 10 weekly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows XRP’s price action over the past year.