XRP (XRP) has been relatively less volatile compared to the crypto market. So far Thursday, the Digital Money has advanced 1.89% to $0.6225949902.
InvestorsObserver is giving XRP a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on XRP!
Low Volatility
InvestorsObserver gives XRP a low volatility rank of 23, placing it in the bottom 23% of cryptos on the market.The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. XRP's low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
XRP price is trading near resistance. With support around $0.601422900479628 and resistance near $0.627568835538222. This positions XRP with potential selling pressures ahead as it may be getting over extended.