The $XRP /USDT chart is showing a price of 1.4564 now. This is a drop of 0.83%. Even though the price has gone down from the high of 1.5171 there are some important things to think about that could help us make money in the next few days.
Let us look at the moving averages.
* The MA(7) is at 1.4641. This is a little higher than the price of XRP. This means that XRP is stable in the term.
* The MA(25) and MA(99) are at 1.4750 and 1.4899. These numbers show that XRP might be going down a bit in the medium to term.. These levels could also be where the price of XRP goes back up.
The volume of XRP traded is good. In the 24 hours 71.6 million XRP were traded. This means that a lot of people are buying and selling XRP. The lowest price of XRP in the 24 hours was 1.4521. This shows that XRP has some support at this price. The highest price was 1.4943. This shows that XRP could go up if the market gets better.
Here are some points to consider for profit:
* The price of XRP is near 1.4564. The moving averages show that XRP might go up. So it might be a time to buy XRP and try to sell it at the next level around 1.4750 and 1.4899.
* There are a lot of people trading XRP. This makes it easy to buy and sell XRP quickly.
In conclusion XRP is going down a bit now.. The volume and moving averages show that XRP might go back up. This could be a time to buy XRP at a lower price and wait for it to go back up, to the next level. We should keep an eye on the market to see what happens to the price of XRP. This could be a chance to make money.
