Crypto Result

Coin-op results for USD Ripple (XRP)

Here are the latest results for 22/06/2024 17:30 UTC

USD Ripple (XRP), at 0.4864, had a poor day with a fall over the session of -0.78% and is now 33.09% from its previous 12-month maximum end-of-day level ($0.727) posted on the 11/03/2024.

Current capitalization is: $27.02B and the last day's turnover in USD: $629.73M.

Last day's statistics

Last Price: 0.4864
Change % : -0.0038 / -0.78%
Change over 12 months % : -5.95%
Trading Volatility : 3.47%
Buy / Sell Status : Buy
Days since signal: 4 / Down -1.92%
Since MA Crossover : Down 15 / -6.26%
MA Direction / Days : Down 17 / -7.79%

Coin-op Summary: Despite the crypto currently being below the line, a Coin-op Buy signal is in place However the MA crossover and the MA direction, are still set at Sell, so keep an eye on where the crypto goes next.

Momentum Strength (1-5): At 3, this crypto is showing some signs of a slowdown. At this value the market is not too sure what is coming next.

Regression to the Mean: Normal at -4.45%.

The current Coin-op trigger value (red/green) is currently set at 0.4873

Chart 1

Short term trading: One of those strange situations where the crypto is showing a Coin-op Buy but the other values are trending down. Usually this indicates a confused market so it might be best to wait to see where it goes next.

Chart 2

Medium to longer term: The 30 day Moving Average has now been falling for 18 days and at present it looks likely that this trend could continue.

Chart 3

This chart compares the movements of the crypto and those of USD Bitcoin over the last few months.

Chart 4

This chart compares the movements of the crypto and those of the Cryptocurrencies Index over the last few months.

Profile

USD Ripple (XRP) is a real-time gross settlement system (RTGS), currency exchange and remittance network created by the Ripple company. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples). Released in 2012, Ripple purports to enable "secure, instantly and nearly free global financial transactions of any size with no chargebacks." It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.

If you want to read more on its development and history then look at this article in Wikipedia for more information.

Chart: Current Buy and Sell positions
Chart: Coin-op Index vs Nasdaq 100 Index
Crypto Index : 522.93
22/06/2024
Sell on 11/06/2024- Down -1.39%
Rel Val: 76.17% - Strength: 4
Vol: 2.21% - MA: Down 2 days
Status: Buys: 6 Sells: 32
Last 3 days: Buys: 1 Sells: 1
Click here to see more ...
Sell on 11/06/2024- Down -4.85%
Rel Val: 77.51% - Strength: 5
Vol: 1.94% - MA: Down 3 days
Buy on 07/06/2024- Up 0.57%
Rel Val: 98.14% - Strength: 3
Vol: 0.51% - MA: Up 43 days
Nasdaq 100 Index: 19700.430
Buy on 07/06/2024- Up 3.19%
Rel Val: 96.07% - Strength: 4
Vol: 1.67% - MA: Up 42 days
Buy on 05/06/2024- Up 4.40%
Rel Val: 61.03% - Strength: 4
Vol: 1.08% - MA: Down 27 days
USD Maker (MKR): 2475.850
Buy on 21/06/2024- Up 1.68%
Rel Val: 43.45% - Strength: 4
Vol: 6.29% - MA: Down 61 days
Change?- on 15/06/2024- Up 0.03%
Rel Val: 43.48% - Strength: 2
Vol: 0.01% - MA: Down 40 days
Sell on 22/06/2024- No Change
Rel Val: 87.57% - Strength: 1
Vol: 3.73% - MA: Up 40 days
Buy on 16/06/2024- Down -0.27%
Rel Val: 30.55% - Strength: 5
Vol: 9.70% - MA: Up 29 days
Sell on 14/06/2024- Down -1.49%
Rel Val: 76.12% - Strength: 5
Vol: 1.34% - MA: Down 1 days
Buy on 19/06/2024- Down -1.92%
Rel Val: 6.64% - Strength: 3
Vol: 3.47% - MA: Down 18 days
Sell on 13/06/2024- Down -3.74%
Rel Val: 81.45% - Strength: 5
Vol: 1.12% - MA: Down 4 days
Sell on 13/06/2024- Down -4.01%
Rel Val: 80.31% - Strength: 5
Vol: 1.34% - MA: Down 4 days
Sell on 08/06/2024- Down -5.07%
Rel Val: 77.54% - Strength: 4
Vol: 1.51% - MA: Down 10 days
Sell on 19/06/2024- Down -5.40%
Rel Val: 75.78% - Strength: 4
Vol: 5.35% - MA: Up 41 days
Sell on 03/06/2024- Down -7.34%
Rel Val: 78.24% - Strength: 4
Vol: 3.14% - MA: Up 33 days
Sell on 31/05/2024- Down -10.68%
Rel Val: 28.96% - Strength: 5
Vol: 3.03% - MA: Down 12 days
Sell on 08/06/2024- Down -11.32%
Rel Val: 27.11% - Strength: 5
Vol: 3.40% - MA: Down 21 days
Sell on 08/06/2024- Down -13.15%
Rel Val: 7.67% - Strength: 5
Vol: 5.86% - MA: Down 19 days
Sell on 08/06/2024- Down -13.49%
Rel Val: 46.26% - Strength: 5
Vol: 7.14% - MA: Down 5 days
Sell on 31/05/2024- Down -13.64%
Rel Val: 4.21% - Strength: 5
Vol: 3.97% - MA: Down 80 days
Sell on 12/06/2024- Down -14.95%
Rel Val: 37.68% - Strength: 5
Vol: 2.92% - MA: Down 7 days
Sell on 08/06/2024- Down -16.92%
Rel Val: 29.89% - Strength: 5
Vol: 6.76% - MA: Down 59 days
Sell on 31/05/2024- Down -17.01%
Rel Val: 27.30% - Strength: 5
Vol: 5.32% - MA: Down 17 days
Sell on 01/06/2024- Down -18.16%
Rel Val: 17.13% - Strength: 5
Vol: 6.30% - MA: Down 18 days
Sell on 13/06/2024- Down -18.82%
Rel Val: 15.48% - Strength: 5
Vol: 2.90% - MA: Down 8 days
Sell on 08/06/2024- Down -19.31%
Rel Val: 15.55% - Strength: 5
Vol: 8.29% - MA: Down 18 days
Sell on 30/05/2024- Down -19.64%
Rel Val: 8.62% - Strength: 5
Vol: 6.35% - MA: Down 19 days
Sell on 31/05/2024- Down -20.87%
Rel Val: 41.20% - Strength: 5
Vol: 6.09% - MA: Down 10 days
Sell on 29/05/2024- Down -20.96%
Rel Val: 64.14% - Strength: 5
Vol: 4.83% - MA: Down 7 days
Sell on 30/05/2024- Down -22.78%
Rel Val: 36.95% - Strength: 5
Vol: 6.25% - MA: Down 11 days
Sell on 03/06/2024- Down -22.94%
Rel Val: 15.16% - Strength: 5
Vol: 6.17% - MA: Down 12 days
Sell on 08/06/2024- Down -24.43%
Rel Val: 32.27% - Strength: 5
Vol: 8.68% - MA: Down 34 days
Sell on 28/05/2024- Down -26.55%
Rel Val: 30.13% - Strength: 5
Vol: 6.33% - MA: Down 45 days
Sell on 03/06/2024- Down -26.96%
Rel Val: 21.10% - Strength: 5
Vol: 7.49% - MA: Down 18 days
Sell on 24/05/2024- Down -27.50%
Rel Val: 36.26% - Strength: 5
Vol: 6.60% - MA: Down 20 days
Sell on 31/05/2024- Down -28.37%
Rel Val: 6.78% - Strength: 5
Vol: 8.19% - MA: Down 18 days
Sell on 06/05/2024- Down -28.63%
Rel Val: 36.77% - Strength: 5
Vol: 4.08% - MA: Down 78 days
Sell on 30/05/2024- Down -29.63%
Rel Val: 32.09% - Strength: 5
Vol: 6.37% - MA: Down 17 days


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