The daily candle
XRP closed the November 5 daily candle at $1.21, down 7.54% on the day, after trading between $1.20 and $1.33. What stands out on the daily chart: sharp move, 30-day closing low, MACD crossed below signal.
Moving averages
The close of $1.21 is 6.5% below the 20-day average ($1.29).
The close of $1.21 is 12.8% below the 50-day average ($1.38).
Momentum: RSI and MACD
The 14-day RSI reads 35.6, 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 -0.03429 against a signal line of -0.03357, 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 1.56 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 $1.21 to $1.36, and the close is below the lower band.
Over the previous 30 days the highest close was $1.50 and the lowest $1.24.
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.