The daily candle
XRP closed the October 7 daily candle at $1.42, down 5.06% on the day, after trading between $1.41 and $1.50. What stands out on the daily chart: sharp move, below 50-day average, below 20-day average.
Moving averages
The close of $1.42 is 4.8% below the 20-day average ($1.49).
The close of $1.42 is 0.3% below the 50-day average ($1.43).
Momentum: RSI and MACD
The 14-day RSI reads 45.5, between 30 and 70, neither extreme. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is 0.02472 against a signal line of 0.03669, so the MACD line is below its signal. MACD measures the gap between a fast and a slow exponential average.
Volume and range
Volume on the day was 0.78 times its 20-day average. Volume counts how much traded; a move on heavy volume involved more of the market than one on light volume.
The Bollinger Bands (20 days, 2 standard deviations) run from $1.40 to $1.59, and the close is inside the bands.
Over the previous 30 days the highest close was $1.57 and the lowest $1.28.
What it costs to hold a position
Anyone holding a XRP perpetual future pays or receives funding every settlement, and the rate differs by exchange. Today's rates across venues are on the XRP funding page.