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Ripple Price Analysis: XRP/USD bears take charge as price sits on top of SMA 50

  • XRP/USD bears regained control following a bullish Monday.
  • The MACD shows slight bullish momentum.
Ripple Price Analysis: XRP/USD bears take charge as price sits on top of SMA 50
Rajarshi MitraRajarshi MitraIndependent Analyst

XRP/USD daily chart

XRP/USD daily chart

XRP/USD continued its sluggish movement in the early hours of Tuesday as the bears took the price down from $0.2042 to $0.2035. Following the negative price action, XRP/USD is currently sitting on top of the SMA 50 curve. The MACD shows slight bullish momentum.

Support and Resistance

XRP/USD has three strong resistance levels on the upside at $0.2114, SMA 200 and $0.224. On the downside, healthy support levels lie at SMA 50, SMA 20, $0.193 and $0.1815.

Key levels

XRP/USD

Overview
Today last price0.2037
Today Daily Change-0.0005
Today Daily Change %-0.24
Today daily open0.2042
 
Trends
Daily SMA200.2009
Daily SMA500.2033
Daily SMA1000.1941
Daily SMA2000.2134
 
Levels
Previous Daily High0.2046
Previous Daily Low0.2014
Previous Weekly High0.2147
Previous Weekly Low0.1973
Previous Monthly High0.2268
Previous Monthly Low0.178
Daily Fibonacci 38.2%0.2034
Daily Fibonacci 61.8%0.2026
Daily Pivot Point S10.2022
Daily Pivot Point S20.2002
Daily Pivot Point S30.199
Daily Pivot Point R10.2054
Daily Pivot Point R20.2066
Daily Pivot Point R30.2087


 

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.

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