Overall XXRP gets a technical rating of 0 out of 10. XXRP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of XXRP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
9.69
We found 1 important resistance area.
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 XXRP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for XXRP is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | XXRP 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 XXRP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of XXRP is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 35.41 | NEUTRAL | The RSI value for XXRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests XXRP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 12.49 | OVERSOLD | The low Stochastics value suggests XXRP may be oversold. |
| Average True Range in percent/ATR (20) | 13.34 | HIGH VOLATILITY | The high ATR as a percentage value for XXRP suggests high volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for XXRP suggests a strong trend. |
9.79
-1 (-9.27%)
ChartMill assigns a technical rating of 0 / 10 to XXRP.
The current trend direction for TEUCRIUM 2X LONG XRP ETF (XXRP) is Bearish.
TEUCRIUM 2X LONG XRP ETF (XXRP) has an RSI value of 35.4111. This indicates that the stock is currently neutral.
The MACD indicator for TEUCRIUM 2X LONG XRP ETF (XXRP) has a value of 0.082695, indicating a bearish trend.
TEUCRIUM 2X LONG XRP ETF (XXRP) has a resistance level at 16.16. Check the full technical report for our detailed analysis of XXRP support and resistance levels.