- Trading
- Instrument Specifications
- Cryptocurrency CFDs
- XRPUSD Quote
Trade XRPUSD CFDs - XRPUSD Trading
XRPUSD Trading Conditions
Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
---|---|---|---|
Fixed spread, pip | 20 | 20 | 20 |
Floating Spread, pip | 20 | 20 | 20 |
Order distance, pip | 40 | 40 | 40 |
Swap (Long/Short) | -211.36 / -211.36 USD per 50000 contract | -211.36 / -211.36 USD per 50000 contract | -211.36 / -211.36 USD per 50000 contract |
Digits | 0.0001 | 0.0001 | 0.0001 |
Available volumes | 500.00 – 500000.00 contract | 50.00 – 50000.00 contract | 500.00 – 500000.00 contract |
Contract size | 1 XRP | 1 XRP | 1 XRP |
1 pip value per 100000 | 10 USD | 10 USD | 10 USD |
Volume Limit | 10 XRP | 10 XRP | 10 XRP |
Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
---|---|---|---|---|
Fixed spread, pip | 20 | 20 | 20 | 20 |
Order distance, pip | 40 | 40 | 40 | 40 |
Swap (Long/Short) | -211.36 / -211.36 USD per 1 lot | -211.36 / -211.36 USD per 1 lot | -211.36 / -211.36 USD per 1 lot | -211.36 / -211.36 USD per 1 lot |
Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
Available volumes | 0.01 – 10 lot | 0.01 – 1 lot | 0.01 – 10 lot | 0.01 – 10 lot |
Lot size | 50000 XRP | 50000 XRP | 50000 XRP | 50000 XRP |
1 pip value per 1 lot | 5 USD | 5 USD | 5 USD | 5 USD |
Volume Limit | 10 XRP | 10 XRP | 10 XRP | 10 XRP |
Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
---|---|---|---|---|
Floating Spread, pip | 20 | 20 | 20 | 20 |
Order distance, pip | 40 | 40 | 40 | 40 |
Swap (Long/Short) | -211.36 / -211.36 USD per 1 lot | -211.36 / -211.36 USD per 1 lot | -211.36 / -211.36 USD per 1 lot | -211.36 / -211.36 USD per 1 lot |
Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
Available volumes | 0.01 – 100 lot | 0.01 – 100 lot | 0.01 – 100 lot | 0.01 – 100 lot |
Lot size | 50000 XRP | 50000 XRP | 50000 XRP | 50000 XRP |
1 pip value per 1 lot | 5 USD | 5 USD | 5 USD | 5 USD |
Volume Limit | 10 XRP | 10 XRP | 10 XRP | 10 XRP |
XRPUSD Trading Hours
XRPUSD trading hours are the time when investors can buy and sell XRPUSD crypto pairs. The XRPUSD pair is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade XRPUSD during different trading hours. Depending on where you live, you may be able to trade XRPUSD at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when XRPUSD trading hours begin and end.
Technical Analysis
The XRPUSD technical analysis of the price chart on 1-hour timeframe shows XRPUSD,H1 is advancing above the 200-period moving average MA(200) after retracing lower following a rebound to 3-week high three days ago. Stochastic indicator is in overbought zone. We believe the bullish momentum will continue after the price breaches above the upper bound of Donchian channel at 3.2786. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed below 3.1953. After placing the order, the stop loss is to be moved to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Crypto -
XRP surged after news Ripple secured a landmark court victory against the SEC. Will the XRPUSD price continue advancing?
XRP jumped after news Ripple Labs officially won its court case against the SEC. There were reports Ripple and the SEC finally called off their years-long legal war by dismissing all appeals. The US Securities and Exchange Commission said it ended its case accusing Ripple Labs of selling unregistered securities. Ripple will pay a $125 million fine. This ended one of the cryptocurrency industry's highest-profile lawsuits leaving allowing institutions to invest in XRP without worrying about legal consequences: institutional trading volumes rallied over 200% to $12.40 billion while derivatives open interest also jumped 15% to $5.90 billion. Rising investment in XRP by institutional investors is bullish for XRPUSD price.
Indicator | Signal |
RSI | Neutral |
MACD | Buy |
Stochastic | Sell |
MA(200) | Buy |
Fractals | Buy |
Parabolic SAR | Buy |
Ichimoku Kinko Hyo | Buy |
Crypto Pair XRPUSD | Cryptocurrency |
The popular Ripple (XRP) cryptocurrency has the following advantages:
- The highest transaction speed among all popular cryptocurrencies.
- High level of protection against hacker attacks, low probability of being hacked.
- There is no inflation, since new coins are created in the same volume as the old ones go out of circulation.
- Transaction fees are relatively low.
The disadvantage of Ripple is its monopolization, since Ripple Labs owns approximately 50% of the coins, which theoretically makes it possible to manipulate the rate of this cryptocurrency.