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Ripple Price Analysis: Ripple finds support at important Fibonacci level

  • All of the major cryptos fell in the US session and XRP dropped 6%.
  • The XRP/USD pair found support at the 50% Fibonacci level.

XRP/USD 4-Hour Chart

All the major cryptocurrencies fell on Wednesday in the US session.

The price of XRP/USD is down around 6% so far in the session.

Support has been found on the trendline which confluences with the 50% Fibonacci retracement.

Just below that level, the red support zone also matches a Fib level at the 61.8% retracement zone.

Additional Levels

XRP/USD

Overview
Today last price 0.2815
Today Daily Change -0.0171
Today Daily Change % -5.73
Today daily open 0.2986
 
Trends
Daily SMA20 0.2802
Daily SMA50 0.2436
Daily SMA100 0.2332
Daily SMA200 0.2554
 
Levels
Previous Daily High 0.303
Previous Daily Low 0.276
Previous Weekly High 0.3395
Previous Weekly Low 0.2672
Previous Monthly High 0.254
Previous Monthly Low 0.1846
Daily Fibonacci 38.2% 0.2927
Daily Fibonacci 61.8% 0.2863
Daily Pivot Point S1 0.2821
Daily Pivot Point S2 0.2655
Daily Pivot Point S3 0.255
Daily Pivot Point R1 0.3091
Daily Pivot Point R2 0.3196
Daily Pivot Point R3 0.3362

 

 

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