$XRP
/USDT chart displays a dynamic landscape, currently trading at $1.9361, representing an 8.49% decrease. Over the past 24 hours, $XRP reached a high of $2.1194 and a low of $1.9246, with a 24-hour volume of 206.24M XRP or $415.49M USDT.
Examining the Bollinger Bands (20, 2) on the 3-minute timeframe, the upper band (UP) is at 1.9551, the middle band (MB) at 1.9409, and the lower band (DN) at 1.9268. Price action has been predominantly below the middle band in recent candles, suggesting bearish momentum.
The MACD indicator shows the Difference (DIF) at -0.0047, the DEA at -0.0046, and the MACD at -0.0001. The MACD line (purple) is currently below the signal line (orange), reinforcing the bearish sentiment. This convergence below the zero line indicates sustained downward pressure.
The price has recently touched a low of 1.9246, and the chart indicates a downtrend with consecutive red candles, particularly after a peak around 2.0276 earlier. The current relative decline is approximately -4.1250% from the baseline.