XRP Trades 1.4% Below Its 200-Day Average in Binance Snapshot

XRP traded 1.4% below its 200-day simple moving average in a Binance spot snapshot late Oct. 30, placing the token below a widely watched measure of its recent price trend. At 8:57 p.m. ET Oct. 30 (00:57 UTC Oct. 31), XRP was 1.260 Tether (USDT), compared with a 200-day average of 1.278 USDT. The average was calculated from completed Binance spot XRP/USDT daily closes through Oct. 30 UTC. A simple moving average is the mean of those closing prices over the specified period.

Also reported by Coinotag, CoinTurk News.

Source: TokenPost