Crypto Gloom

Ripple cto david schwartz exit the XRP falls 2.3%

Be with us telegram Channel to maintain the latest state for news reports

The XRP price has fallen 2.3% to $ 2.86 at 3:30 am in the news that David Schwartz will withdraw from Rippple’s chief technology officer (CTO) over the last 24 hours.

Schwartz will no longer deal with everyday responsibilities, but Schwartz is convinced that the XRP community is not completely left. He will continue to participate and contribute to the ecosystem to strengthen his long efforts in Ripple and the community.

As a member of the board of directors, Schwartz’s continuous participation is expected to provide continuity and technical guidelines. Ripple’s engineering is now led by Dennis Jarosch, which is a mission to develop Ripple’s technological innovation.

Investors will carefully watch new products or partnerships that can increase the price and adoption of XRP.

The XRP activity address decreases as the price is steadily maintained.

XRP Director Active Address Source: Encryption

XRP prices fall in leadership changes

The XRP price has recently fallen from the highest level, nearly $ 2.81 before it pops out to about $ 2.86 over the last 24 hours. The coin still has a simple 200 -day simple moving average (SMA) to $ 2.56, which acts as a powerful support level and weakens deeper losses.

The 50 -day SMA of $ 2.94 is used as a resistance, which means that the XRP must remove it to restore the upward momentum.

XRP priceXRP price

XRPUSDT Analysis Source: TradingView

If you look at the chart, the XRP price is traded between the main Fibonacci, from the latest $ 3.66 to the lowest $ 2.07. The price is close to 0.618 sponsorship of $ 2.68, a common support area.

Technical indicators reflect neutral market conditions. The relative robbery index (RSI) is close to 46.49, suggesting that there is no strong momentum in either side. The MACD is slightly lower than the signal line, but it is more neutral, so it signals the possible price integration.

ADX (Average Directional Index) reads 14.88, which is a weak trend, that is, the market may be waiting for a new catalyst.

If the XRP exceeds the 50 -day SMA with $ 2.94, the next resistance area is between $ 3.00 and $ 3.20. This can result in a renewed purchase and a higher level of test near the $ 3.60 high.

However, if the price falls below $ 2.56 from the 200 -day SMA, XRP has a risk of short -term sales by re -visiting low support near $ 2.41 and $ 2.07.

The XRP is still supported by the major movement average and Fibonacci level, while the technology indicators propose a market in waiting.

Related article:

Best wallet -diversify the encryption portfolio

Best walletBest wallet
  • Easy to use and function -oriented password wallet
  • Access early token ICO
  • Multi -chain, multi -vehicle, non -parenting
  • Now Google Play at App Store
  • You can get the best token $
  • 250,000+ Monthly active users

Best walletBest wallet


Be with us telegram Channel to maintain the latest state for news reports