XRP Community Gathers in Paris to Drive Ecosystem Development
- Paris Gathering: The XRP community will meet on April 15 in Solum, Paris, as part of Paris Blockchain Week, expected to attract developers and ecosystem contributors, further enhancing collaboration and connections within the network.
- Hackathon Initiative: A hackathon tied to the XRP Ledger roadmap will run from April 13 to 27, where developers will focus on batch transactions, permission delegation, and decentralized exchange improvements, driving technical innovation in the protocol.
- Audit Contest Launch: A $550,000 audit contest reward pool has been introduced to strengthen network security, with external developers and auditors reviewing upcoming features to enhance the protocol's reliability and efficiency.
- Enhanced Security Strategies: Ripple is integrating AI-driven strategies to detect and prevent vulnerabilities earlier, aligning with the ongoing audit contest and broader development plans, signaling increased activity within the XRP ecosystem.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 3 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
XRP (XRP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.132 | 1.214 | 1.291 | 1.372 | 1.45 | 1.531 | 1.608 |
| Fibonacci | 1.214 | 1.274 | 1.312 | 1.372 | 1.433 | 1.47 | 1.531 |
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