$1.1853 — $XRP has fallen 9.6% over the past 24 hours. The current price is around $1.1865, just above the 24-hour low: the 24-hour range is $1.1853 to $1.3271. The low is also the 7-day low, and 24-hour spot trading volume is about $152 million.
Over a 7-day period, the range is $1.1853 to $1.3414, down 5.2%. Put simply, U.S. tech stocks plunged last night, with the Nasdaq down about 5% at one point, and the ripple effect has put all the major coins on the same trajectory.
Keep an eye on three numbers this afternoon: to the upside, first watch the 24-hour high of $1.3271, then the 7-day high of $1.3414; to the downside, $1.1853 is both the 24-hour and 7-day low. If it breaks, the 7-day range will have a new floor.
The October jobs report is also due at 21:30 tonight. Will you first watch to see whether this low holds, or wait for the data before taking a look?
$XRP #Ripple #MarketWatch
Over a 7-day period, the range is $1.1853 to $1.3414, down 5.2%. Put simply, U.S. tech stocks plunged last night, with the Nasdaq down about 5% at one point, and the ripple effect has put all the major coins on the same trajectory.
Keep an eye on three numbers this afternoon: to the upside, first watch the 24-hour high of $1.3271, then the 7-day high of $1.3414; to the downside, $1.1853 is both the 24-hour and 7-day low. If it breaks, the 7-day range will have a new floor.
The October jobs report is also due at 21:30 tonight. Will you first watch to see whether this low holds, or wait for the data before taking a look?
$XRP #Ripple #MarketWatch
