XRP Trading at Critical Fibonacci Zone Amid Six-Year Low Liquidity

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 50 minutes ago

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Liquidity Index Decline: XRP's liquidity index has fallen to approximately 0.043, the lowest since January 2020, indicating that low liquidity may amplify future price movements, although it does not predict a clear direction.
Fibonacci Compression Zone: Currently trading at $1.3550, XRP is positioned between the Fibonacci 0.786 at $1.3366 and 0.618 at $1.3822, suggesting that price fluctuations within this compression zone could lead to larger moves in a low liquidity market.
Moving Average Resistance: The convergence of SMA50 and SMA100 at $1.396 to $1.398 creates a strong resistance zone, requiring a 3% price increase to break through, which is particularly challenging given the current low liquidity conditions.
Momentum Indicator Weakness: The RSI stands at 42.80, indicating negative momentum and that the market has not reached oversold territory, suggesting a lack of rebound potential and increasing the risk of further price declines.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 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	1.164	1.233	1.302	1.371	1.44	1.509	1.578
Fibonacci	1.233	1.286	1.318	1.371	1.423	1.456	1.509

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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