XRP/USD Technical Analysis: Ripple looking to heave higher after a new high
|- Ripple on an upswing after bouncing from a bottom at 0.4240.
- 0.4957 has been a key resistance level in the past week, failure to break will see a continuation lower.
- XRP/USD has marked in a higher high, and a brief retrace is likely before bulls make a move higher.
| Spot rate: | 0.4895 |
| Relative change: | 4.6% |
| High: | 0.4957 |
| Low: | 0.4497 |
| Trend: | Bullish |
| Support 1: | 0.4683 (38.2% Fibo retracement level) |
| Support 2: | 0.4240 (one week low) |
| Support 3: | 0.3910 (S2 daily pivot) |
| Resistance 1: | 0.4958 (current high; R1 daily pivot) |
| Resistance 2: | 0.5270 (R2 daily pivot) |
| Resistance 3: | 0.5496 (June 21st swing high) |
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