The daily candle
XRP closed the November 8 daily candle at $1.11, down 4.37% on the day, after trading between $1.09 and $1.17. What stands out on the daily chart: 30-day closing low, RSI oversold.
Moving averages
The close of $1.11 is 12.2% below the 20-day average ($1.27).
The close of $1.11 is 18.9% below the 50-day average ($1.37).
Momentum: RSI and MACD
The 14-day RSI reads 27.6, below 30, the range usually called oversold. RSI compares the size of recent up days with recent down days on a 0 to 100 scale.
MACD (12, 26, 9) is -0.05109 against a signal line of -0.03946, 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 1.26 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 $1.14 to $1.39, and the close is below the lower band.
Over the previous 30 days the highest close was $1.41 and the lowest $1.16.
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.