|

Ripple Price Analysis: XRP/USD bears remain in control as price looks to drop below SMA 50 support

  • 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

XRP/USD daily chart

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

XRP/USD

Overview
Today last price0.2024
Today Daily Change-0.0007
Today Daily Change %-0.34
Today daily open0.2031
 
Trends
Daily SMA200.2005
Daily SMA500.2015
Daily SMA1000.1964
Daily SMA2000.2149
 
Levels
Previous Daily High0.2147
Previous Daily Low0.1973
Previous Weekly High0.2031
Previous Weekly Low0.1855
Previous Monthly High0.2268
Previous Monthly Low0.178
Daily Fibonacci 38.2%0.204
Daily Fibonacci 61.8%0.2081
Daily Pivot Point S10.1954
Daily Pivot Point S20.1877
Daily Pivot Point S30.178
Daily Pivot Point R10.2128
Daily Pivot Point R20.2224
Daily Pivot Point R30.2302


 

Author

Rajarshi Mitra

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.

More from Rajarshi Mitra
Share:

Editor's Picks

Ripple tests recovery strength amid steady ETF inflows, growing retail interest

Ripple (XRP) continues to demonstrate notable resilience as the cryptocurrency market navigates the persistent war in the Middle East after the United States (US) and Israel attacked Iran on Saturday.

Bitcoin extends gains as ETF inflows persist despite broadening US-Iran war

Bitcoin hovers around $73,000 on Thursday, driven by the US Stock market recovery, boosting risk-on sentiment. Data shows analysts are mostly bullish on Bitcoin, citing renewed demand from institutional investors, on-chain holders, and the derivatives market.

Crypto Today: Bitcoin, Ethereum, XRP hold weekly gains despite US-Iran war

The cryptocurrency market is gaining strength on Thursday, building on Wednesday's upswing, which saw Bitcoin reach a weekly high above $74,000. Ethereum and Ripple are moderating their recent gains amid uncertainty stemming from the escalating war in the Middle East.

Pi Network eyes breakout rally as broader market recovers

Pi Network (PI) price extends gains above $0.1900 at press time on Thursday, following a 7% increase the previous day. The upcoming token unlock of more than 20 million PI tokens on Saturday looms over the short-term recovery. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.