xrp crypto stock

What’s Next for This Bearish Rated Crypto?

XRP (XRP) Rises 0.17% Friday: What's Next for This Bearish Rated Crypto?
Written by publisher team

XRP (XRP) Receives a Bearish Rating Investors Friday. Crypto rose 0.17% to $0.8407403085 while the broader crypto market gained 2.11%.

XRP has bearish tendencies. Find out what this means for you and get the rest of the ratings on XRP!

bearish

Over the past five days, XRP has received a bearish rating at Investors sentiment points. The sentiment score measures XRP’s performance over the past five days through volume and price action.

The sentiment score provides a quick and short-term view of the cryptocurrency’s recent performance. This can be beneficial for both short-term investors looking to ride a rally and long-term investors trying to buy the dip.

price levels

XRP is currently trading near a five-day low at $0.804500043392181. The cryptocurrency is down 12.05% from its five-day high and is 4.50% above its five-day low of $0.804500043392181.

XRP price is positively positioned between support and resistance. With support set at $0.81043383061364 and resistance at $0.862247671479729, there is some room to run before resistance is encountered.

XRP has been trading in low volume lately. This means that today’s trading volume is lower than the average volume for the past seven days.

What is the currency?

A coin is a cryptocurrency that is on its own blockchain. These are commonly used for payments. Depending on the cryptocurrency, the use of these payments may vary from general use in the Digital Money sub-category to more specific use in some other sub-category.

Due to the lack of data, this crypto may be less suitable for some investors.

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About the author

publisher team