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Trading Signals

XRP cryptocurrency trades up $0.009, approximately 1.88% higher this afternoon

28 April 2023

XRPUSD

Ripple trades at $0.475 after gaining $0.009 (1.88%).

Ripple made an initial breakout above its 10 day Simple Moving Average at $0.473, a potential indicator of a newly emerging bullish phase. Crossed the $0.471 Fibonacci level, next level is at $0.484. XRP broke through the $0.472 resistance and climbed above it 1 cents; next resistance level is at $0.476.

Overall, looking at the technical analysis landscape, it seems Ripple might continue pointing upwards in the short term.

Ripple shows positive signs, other assets are also on par: having closed the previous session at $1.24, FTX Token is up 9.54% today to currently trade at around $1.36.

At the same time, UNICORN Token USD is down to $6.43, losing $0.197, after closing at $6.63 in the preceding trading session. Binance Coin is trading around $326.42 (down $4.3).

This year has been a bright one for Ripple after trading as low as $0.307 and going on to appreciate by 37.94% year to date. Ripple is currently trading with a market cap of 24.60 billion with an average daily volume of 1.13 billion.

Market Summary

Latest Crypto News

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Binance Coin cryptocurrency trades up $1, approximately 0.32% higher going into tomorrow

Mixed sentiment leads TRON cryptocurrency to trade sideways; establishes tight $0.069 to $0.07 range

Mixed sentiment leads Cardano cryptocurrency to trade sideways; establishes tight $0.379 to $0.383 range

Passive Asia-Pacific markets defy bearish US sentiment

After five days of going down, Solana is flat today, hovering around $20.62

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