- 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) | -195.57 / -195.57 USD per 50000 contract | -195.57 / -195.57 USD per 50000 contract | -195.57 / -195.57 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) | -195.57 / -195.57 USD per 1 lot | -195.57 / -195.57 USD per 1 lot | -195.57 / -195.57 USD per 1 lot | -195.57 / -195.57 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) | -195.57 / -195.57 USD per 1 lot | -195.57 / -195.57 USD per 1 lot | -195.57 / -195.57 USD per 1 lot | -195.57 / -195.57 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 4-hour timeframe shows XRPUSD,H4 is advancing above the 200-period moving average MA(200) after retracing lower following a rebound to 4-month high three days ago. RSI indicator is in overbought zone. We believe the bullish momentum will continue after the price breaches above the upper bound of Donchian channel at 2.9751. 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 2.7608. 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 -
Vincent Van Code, a popular software developer, made a claim that SWIFT might soon declare its plan to employ XRP and Ripple as an alternate settlement layer for interbank payments. Will the XRPUSD price continue advancing?
SWIFT has been the industry standard for interbank communication thanks to its vast network of more than 11,000 member institutions. Inefficiencies of the current global payments infrastructure could be resolved by a SWIFT-Ripple alignment, especially one that incorporates XRP. Vincent Van Code, a strong advocate for blockchain adoption, hinted that SWIFT might soon declare its plan to employ XRP and Ripple as an alternate settlement layer for interbank payments. RippleNet and On-Demand Liquidity (ODL) have introduced a real-time, blockchain-based solution. It is very appealing to financial institutions trying to boost capital efficiency and lower operational friction because the ODL solution does away with the need for expensive nostro/vostro accounts. In the past Ripple has acknowledged conversations with SWIFT and its expanding network of partnerships, including those with central banks. Possible employment of XRP as an alternate settlement layer for interbank payments is bullish for XRPUSD.
| Indicator | Signal |
| RSI | Sell |
| MACD | Neutral |
| Donchian Channel | Buy |
| MA(200) | Buy |
| Fractals | Buy |
| Parabolic SAR | 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.
