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Ripple Price Analysis: Some key levels are being broken today

  • Ripple trades over 3.5% higher today as crypto sentiment turns positive.
  • Some key resistance levels have been broken to the upside.
Ripple Price Analysis: Some key levels are being broken today
Rajan Dhall, MSTARajan Dhall, MSTAFX Daily

XRP/USD 1-Hour Chart

XRP is looking positive on the intraday charts as sentiment is positive.

From a technical point of view, the triangle formation has broken to the upside too.

The retest and push higher was also a good positive confirmation.

Another positive sign is a break of the red resistance line.

Next up the 0.2470 are is a point where the bulls could find some stickiness.

Ripple price analysis

Additional Levels

XRP/USD

Overview
Today last price0.2422
Today Daily Change0.0072
Today Daily Change %3.06
Today daily open0.235
 
Trends
Daily SMA200.2648
Daily SMA500.2573
Daily SMA1000.233
Daily SMA2000.2515
 
Levels
Previous Daily High0.2385
Previous Daily Low0.2307
Previous Weekly High0.2853
Previous Weekly Low0.2245
Previous Monthly High0.3467
Previous Monthly Low0.2245
Daily Fibonacci 38.2%0.2355
Daily Fibonacci 61.8%0.2337
Daily Pivot Point S10.2309
Daily Pivot Point S20.2269
Daily Pivot Point S30.2231
Daily Pivot Point R10.2388
Daily Pivot Point R20.2426
Daily Pivot Point R30.2467

Author

Rajan Dhall, MSTA

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

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