XRP ETF (XRPI) Technical Analysis
NASDAQ:XRPI • US92864M7801
Current stock price
XRPI Technical Rating and Analysis
Taking everything into account, XRPI scores 0 out of 10 in our technical rating. XRPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than XRPI.
- XRPI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Considerably lower volume is observed in the last couple of days.
XRPI Weekly and Daily overview Charts
XRPI Setup Rating and Analysis
XRPI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for XRPI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
XRPI Support and Resistance Analysis
7.29
We found 1 important support area.
- A support zone ranging from 7.36 to 7.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 7.76 to 7.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.14 from a horizontal line in the weekly time frame.
- Resistance @8.73 from a horizontal line in the daily time frame.
- Resistance @9.91 from a trend line in the daily time frame.
XRPI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for XRPI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XRPI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | XRPI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XRPI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XRPI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of XRPI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.56 | NEUTRAL | The RSI value for XRPI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests XRPI has a positive trend. |
| Stochastics (14,3) | 47.97 | NEUTRAL | The Stochastics value for XRPI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for XRPI suggests some volalility. |
| Average Directional Index/ADX (14) | 10.48 | NEGATIVE | The low ADX value for XRPI suggests a weak or negative trend. |
XRPI Chart- and CandleStick Pattern Analysis
XRPI Technicals: Chart, Performance Metrics, Trend & Indicators
7.67
+0.03 (+0.39%)
XRP ETF / XRPI TA FAQ
Can you provide the ChartMill technical rating for XRP ETF?
ChartMill assigns a technical rating of 0 / 10 to XRPI.
Can you provide the trend direction for XRP ETF?
The current trend direction for XRP ETF (XRPI) is Bearish.
What is the RSI signal for XRP ETF (XRPI) stock?
XRP ETF (XRPI) has an RSI value of 45.5618. This indicates that the stock is currently neutral.
Can you provide the MACD signal for XRP ETF?
The MACD indicator for XRP ETF (XRPI) has a value of 0.0408608, indicating a bearish trend.
Can you provide the buy/sell signal for XRP ETF?
The buy/sell signal for XRP ETF (XRPI) is sell as both the short term and long term trends are negative.