• XRP/USD fell from $0.2022 to $0.1985 this Thursday, dropping below the $0.20 level in the process.
  • The Elliott Oscillator has had 25 straight green sessions, having gone up from -0.087 to 0.027.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bears have remained in control in the early hours of Saturday as the price fell from $0.1985 to $0.1983. The price is consolidating in a triangle formation and has found support on the SMA 50 curve. This Wednesday, the price climbed above the 20-day Bollinger Band but encountered resistance at the downward trending line. To reverse the negative momentum, the bulls must take the price up to $0.2010 to break above the triangle formation. The Elliott Oscillator has had 25 straight green sessions, having gone up from -0.087 to 0.027.

Key levels

XRP/USD

Overview
Today last price 0.1982
Today Daily Change -0.0003
Today Daily Change % -0.15
Today daily open 0.1985
 
Trends
Daily SMA20 0.1755
Daily SMA50 0.1984
Daily SMA100 0.2218
Daily SMA200 0.2355
 
Levels
Previous Daily High 0.2024
Previous Daily Low 0.194
Previous Weekly High 0.1871
Previous Weekly Low 0.162
Previous Monthly High 0.2468
Previous Monthly Low 0.1129
Daily Fibonacci 38.2% 0.1972
Daily Fibonacci 61.8% 0.1992
Daily Pivot Point S1 0.1942
Daily Pivot Point S2 0.1899
Daily Pivot Point S3 0.1858
Daily Pivot Point R1 0.2026
Daily Pivot Point R2 0.2067
Daily Pivot Point R3 0.211

 


 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin Price Analysis: Saturday’s closing below $9700 unnerves BTC bulls

Having failed several attempts to hold the upside above the 9700-mark, Bitcoin (BTC/USD) is consolidating in familiar ranges around 9650 amid quiet trading so far this Sunday. Range play to extend as long as it remains trapped between two key HMAs.

More Bitcoin News

XRP/USD: Path of least resistance appears to the downside

XRP/USD is struggling to extend its recovery beyond 0.20 on Saturday, as the bulls remain in a wait-and-see for the fourth straight session. While extending the range play, the bears are seen fighting back control, as suggested by the near-term technical set up.

More Ripple News

BCH/USD: Bulls eye $280 amid falling wedge breakout

Bitcoin Cash (BCH/USD) is consolidating the latest uptick to a daily high of 257.50, having recovered losses following a dip to 253.47. The No. 5 coin has charted a bullish breakout on the hourly chart. The bulls look to extend the upside break to $280.   

More Bitcoin Cash News

Crypto Market Update: Ethereum outperforms its main rivals on the road to recovery

Crypto bulls are trying hard to extend the recovery on Saturday. Ethereum outperforms Bitcoin and Ripple, looking to settle the week with 4.50% gains. The top 2 widely traded coins are poised for additional upside.  

More Cryptocurrencies News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: BTC/USD needs to go down again before it goes up

After a head-spinning volatility at the beginning of the week, BTC/USD settled above $9,600 with minor gains on a week-on-week basis. A shall Doji candle on a weekly chart is an alarming signal that the bulls are exhausted by uncertainty and large price swings. 

Read the weekly forecast

BTC

ETH

XRP