After closing the previous trading day at $0.375, Ripple is up to $0.386, which makes for a move of 2.91%/$0.011 today.
Bollinger Band® analysis indicates that current price action is approaching the upper band at $0.389, thereby suggesting that Ripple is becoming overvalued.
Despite basking in an uptrend and bullish intraday sentiment, chart analysis indicates Ripple is set for a reversal in the coming days.
Ripple shows positive signs, other assets are also on par: FTX Token soars 9.54% to trade around $1.36. TRON is up 1.03%. UNICORN Token USD gained 1.62% and is currently trading at $6.47.
XRP has a market cap of 19.66 billion with an average daily volume of 1 billion.