$1.0848 — the 24-hour low for $XRP , and also its 7-day low, at the same price; it’s now hovering around $1.087, just about 0.2% above that level.
It fell 6.6% over the past 24 hours, trading in a range of $1.0848 to $1.1699, with approximately $139 million in 24-hour spot volume. Over 7 days, the range was $1.0848 to $1.3414, down 14.9%—the biggest 7-day drop among the major coins today.
Here are the three key levels: above, $1.1699 (the 24-hour high), then $1.3414 (the 7-day high); below, $1.0848 (the shared 24-hour and 7-day low). If it holds above $1.1699, the next level to watch is $1.3414; if it breaks below $1.0848, the 7-day range will need a new low. There’s no way around that.
Tomorrow at 21:30 Beijing time, the U.S. October CPI data will be released. Volatility could pick up around the announcement; until the range breaks, a single day’s move doesn’t tell us much about a trend.
Will $1.0848 hold or break? We’ll know before tonight is over—which way are you leaning?
$XRP #Ripple #Market Watch
It fell 6.6% over the past 24 hours, trading in a range of $1.0848 to $1.1699, with approximately $139 million in 24-hour spot volume. Over 7 days, the range was $1.0848 to $1.3414, down 14.9%—the biggest 7-day drop among the major coins today.
Here are the three key levels: above, $1.1699 (the 24-hour high), then $1.3414 (the 7-day high); below, $1.0848 (the shared 24-hour and 7-day low). If it holds above $1.1699, the next level to watch is $1.3414; if it breaks below $1.0848, the 7-day range will need a new low. There’s no way around that.
Tomorrow at 21:30 Beijing time, the U.S. October CPI data will be released. Volatility could pick up around the announcement; until the range breaks, a single day’s move doesn’t tell us much about a trend.
Will $1.0848 hold or break? We’ll know before tonight is over—which way are you leaning?
$XRP #Ripple #Market Watch
