XRP Price ‌Analysis:‌ XRP Price Bullish Momentum Creating Divergence With Volume – Cryptocurrency News – The Market Periodical

• XRP price is trying to rebound after a minor pullback from the higher side over the monthly charts, but volume activity is lower. 
• The crypto asset over the monthly chart is trading on a bullish note while sustaining above the all vital moving averages of 20, 50, 100 and 200-day lines. 
•  The pair of XRP/BTC is trading at 0.0000254 BTC with an intraday loss of -1.44%, and the ratio of XRP/ETH is CMP at 0.0003833 ETH with no change in 24-hours. 

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XRP price, at the monthly chart, is trading on strong bullish momentum, whereas the coin again started to move higher. The crypto asset witnessed a short term pullback over the chart, but the volume action at the chart is lower. Moreover, the overall medium to long term trend is still bullish as the token manages to sustain above all major DMA’s.

The short term moving averages of 20 and 50-day lines give a positive crossover over the 100 and 200-day lines. Volume activity at the monthly chart is lower and creates divergence with bullish momentum, which needs improvement.  Support on the lower side is at $1.05 and $0.86, whereas resistance on the higher side is $1.38 and $1.64.

XRP price at the 4-hour time frame is trying to rebound, but volume is lower

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XRP price at the 4-hour time frame is trying to rebound, but volume is lower. In contrast, the coin recovers from the lower levels, and the technical parameters indicate a mixed momentum. XRP token is gradually gaining momentum from the lower levels, and soon the breakout above $1.38 will boost more bullish momentum. Volume at the 4-hour time frame is lower and falls below the average line, improving for the upcoming trading session. Presently, the XRP price is trading at $1.25 with a minor intraday change of -1.22%, and the volume to market cap ratio is at 0.07922.

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Relative Strength Index (NEUTRAL):  XRP price RSI presently indicates a neutral trend over the weekly chart. In contrast, the RSI is trading flat under the neutral zone after testing the higher area and now CMP at 56.    

Moving Average Convergence Divergence (MIXED): This indicates a mixed trend on the daily chart, with no clear momentum. The seller’s line (orange) and the buyer’s signal line (blue) overlaps. 

Support levels: $1.05 and $0.86

Resistance levels: $1.38 and $1.64.

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