The chart shows a daily candlestick view of a crypto asset on Binance. Current price is 2.1455, down 2.37%, with a 3.27% daily range. Key moving averages: MA(7) ≈ 2.1516, MA(25) ≈ 2.1872, MA(99) ≈ 2.5814, indicating a sustained downtrend below long-term resistance. A major downward wick recently touched ~1.2543, showing extreme volatility. Price action remains below all major MAs, suggesting bearish momentum. Trading volume shows 40.383M units of the asset and 87.927M USDT. The market appears weak, with attempted short-term recoveries failing to break above resistance.
XRP
2.039
+0.16%
