Here is what is documented: XRP stands at $1.30 on Sunday evening, with a daily high of $1.31 and a daily low of $1.29. Those two readings give a daily range of 1.54 percent, measured against the current price. Across the past 14 trading days that range averaged 4.04 percent. Our assessment follows further below: a range this tight says nothing about direction, it says something about the moment at which direction arises.
The price itself barely moved this Sunday, up 0.65 percent over 24 hours according to market data from CoinGecko, retrieved on the evening of October 25. What is interesting is not that figure but how little ground the price covered for it. Two cents separated the high from the low. Where the price can point on a horizon of months is set out in our XRP price prediction.
How tight this trading day really was
The daily range is the gap between the highest and the lowest price of a day, divided by the current price. The metric measures how much ground buyers and sellers covered in a day, regardless of where the day ends. A day can clo...
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