Rajarshi Mitra
Independent Analyst
- XRP/USD bears remained in control for the second straight day.
- The price finds immediate support at the SMA 20 curve.
- MACD shows sustained bullish momentum, while the Elliott Oscillator has had seven consecutive green sessions.
XRP/USD daily chart
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XRP/USD bears remained in control for the second consecutive day as the price dipped from $0.203 to $0.2023. The price has found support at the SMA 50. The MACD shows sustained bullish market momentum, while the Elliott Oscillator has had seven straight green sessions.
Support and Resistance
XRP/USD faces strong resistance levels at $0.2107, SMA 200 and $0.2193. On the downside, there are four healthy support levels at SMA 50, SMA 20, $0.1981 and $0.193.
Key levels
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