xrp cryptocurrency price

What’s Next for This Neutral Rated Crypto?

XRP (XRP) Falls 0.69% Wednesday: What's Next for This Neutral Rated Crypto?
Written by publisher team

XRP (XRP) Gets Neutral Rating From Investors Wednesday. The coin was down 0.69% to $0.8283994718 while the broader crypto market was down 0.14%.

XRP has a neutral sentiment reading. Find out what this means for you and get the rest of the ratings on XRP!

neutral

Over the past five days, XRP has received a neutral rating of 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 the midpoint of the past five days. The coin is 4.07% from a five-day high and 2.97% higher from a five-day low at $0.804500043392181.

XRP price is comfortably located between support and resistance. With support at $0.8211179216200491 and resistance at $0.845640425974509, 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