Ripple Price Analysis: Second straight bullish session aims to take price back above $0.25.

XRP/USD went up from $0.2292 to $0.2387 this Thursday.
The Elliott Oscillator fell from 0.0567 to -0.02 over the last 13 days.

Rajarshi Mitra Independent Analyst

XRP/USD daily chart

XRP/USD retained control of the market for the second straight day. This Thursday, the price of XRP/USD went up from $0.2292 to $0.2387 and it has gone up further to $0.24 in the early hours of Friday. The price is hovering below the SMA 20, SMA 50 and SMA 200 curves. The MACD indicator’s latest session shows that bullish market momentum may be decreasing, while the RSI indicator is trending around 45.45. The Elliott Oscillator has fallen from 0.0567 to -0.02 over the last 13 days.

Author

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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XRP/USD daily chart

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