The RSI Indicator for XRP.X moved out of oversold territory on September 13, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 47 similar instances when the indicator left oversold territory. In of the 47 cases the stock moved higher. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on September 19, 2023. You may want to consider a long position or call options on XRP.X as a result. In of 135 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for XRP.X just turned positive on August 29, 2023. Looking at past instances where XRP.X's MACD turned positive, the stock continued to rise in of 57 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XRP.X advanced for three days, in of 386 cases, the price rose further within the following month. The odds of a continued upward trend are .
XRP.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XRP.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for XRP.X entered a downward trend on September 18, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
A.I.dvisor indicates that over the last year, XRP.X has been closely correlated with XLM.X. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if XRP.X jumps, then XLM.X could also see price increases.
Ticker / NAME | Correlation To XRP.X | 1D Price Change % | ||
---|---|---|---|---|
XRP.X | 100% | +1.05% | ||
XLM.X - XRP.X | 85% Closely correlated | +0.54% | ||
ADA.X - XRP.X | 70% Closely correlated | -0.22% | ||
ETHUP.X - XRP.X | 57% Loosely correlated | +0.96% | ||
ETH.X - XRP.X | 55% Loosely correlated | +0.57% | ||
ALGO.X - XRP.X | 55% Loosely correlated | +4.40% | ||
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