Ripple cryptocurrency trades up $0.007, approximately 1.26% higher going into tomorrow

Small gain for Ripple at $0.525 after ranging between $0.517 and $0.525 today.

As the trading day comes to an end, chart analysis indicates Ripple could be slowing down soon; it is getting close to the resistance line and is now at $0.535, only 1 cents away. Crossing the resistance line could, however, suggest that further gains are ahead. Trend and momentum analysis indicates that XRP made an initial breakout above its 10 day Simple Moving Average at $0.518, a potential indicator of a newly emerging bullish phase. According to asset volatility analysis, XRP's upper Bollinger Band® is at $0.554, this is a slight indication of a slowdown.

Notwithstanding XRP's appreciation in recent days, the technical outlook suggests its bullish run is now fading.

Ripple shows positive signs, other assets are also on par: FTX Token soars 9.54% to trade around $1.36. EOS climbs 3.19% to trade around $0.89. Binance Coin is up 2.1%.

Ripple now trading 34.03% above its 3-month low of $0.307. XRP has a market cap of 27.30 billion with an average daily volume of 1 billion.