Ripple Price Analysis: XRP/USD bulls in control as they look to conquer $0.1876 resistance line

XRP/USD has broken above the bullish pennant structure.
XRP/USD had gone up from $0.1758 to $0.1785 this Thursday.
The RSI indicator is floating around the neutral zone.

Rajarshi Mitra Independent Analyst

XRP/USD daily chart

XRP/USD went up from $0.1785 to $0.1794 in the early hours of Friday. In the process, the buyers managed to stay in control for the fifth straight day as they broke above the bullish pennant structure. The 20-day Bollinger jaw is widening again, indicating increasing price volatility. The wick of this Thursday’s green candle had crept above the Bollinger Band before retracing its steps back inside. The RSI indicator has been hovering in the neutral zone, while the MACD shows sustained bullish momentum and is trending around 0.00569.

Key Levels

XRP/USD

Overview
Today last price	0.1794
Today Daily Change	0.0008
Today Daily Change %	0.45
Today daily open	0.1786

Trends
Daily SMA20	0.1618
Daily SMA50	0.2143
Daily SMA100	0.2219
Daily SMA200	0.2388

Levels
Previous Daily High	0.1871
Previous Daily Low	0.1748
Previous Weekly High	0.1876
Previous Weekly Low	0.145
Previous Monthly High	0.2468
Previous Monthly Low	0.1129
Daily Fibonacci 38.2%	0.1824
Daily Fibonacci 61.8%	0.1795
Daily Pivot Point S1	0.1732
Daily Pivot Point S2	0.1678
Daily Pivot Point S3	0.1609
Daily Pivot Point R1	0.1855
Daily Pivot Point R2	0.1925
Daily Pivot Point R3	0.1979

Author

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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XRP/USD daily chart

Key Levels

XRP/USD

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