• XRP/USD fell from $0.188 to $0.1862 this Tuesday.
  • XRP/USD has broken below the SMA 50 in the hourly chart.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bears remained in control for the third consecutive day as the price fell from $0.1862 to $0.185 in the early hours of Wednesday. The bulls have repeatedly tried and failed to overcome resistance at the SMA 50 curve, since running out of steam near the $0.202 line. The price has found support at the upward trending line and SMA 20. The Elliott Oscillator has had four straight red sessions, corroborating the bearish price action.

XRP/USD hourly chart

XRP/USD hourly chart

The hourly price chart shows that over the last seven hours, the price has dropped below both the SMA 20 and SMA 50 curves. The MACD shows increasing bearish momentum, while the Elliott Oscillator has had seven consecutive red sessions. The 20-day Bollinger jaw has narrowed, which indicates decreasing price volatility.

Key levels

XRP/USD

Overview
Today last price 0.1856
Today Daily Change -0.0006
Today Daily Change % -0.32
Today daily open 0.1862
 
Trends
Daily SMA20 0.1831
Daily SMA50 0.1897
Daily SMA100 0.2216
Daily SMA200 0.2337
 
Levels
Previous Daily High 0.1895
Previous Daily Low 0.1837
Previous Weekly High 0.2053
Previous Weekly Low 0.1767
Previous Monthly High 0.2468
Previous Monthly Low 0.1129
Daily Fibonacci 38.2% 0.1859
Daily Fibonacci 61.8% 0.1873
Daily Pivot Point S1 0.1835
Daily Pivot Point S2 0.1807
Daily Pivot Point S3 0.1777
Daily Pivot Point R1 0.1892
Daily Pivot Point R2 0.1922
Daily Pivot Point R3 0.195

 


 


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