- XRP/USD bulls wrest control from the bears this Wednesday.
- The MACD shows decreasing bearish momentum.
- The Elliott Oscillator has had two straight green sessions.
XRP/USD daily chart
XRP/USD went up from $0.1923 to $0.1926 this Wednesday as the bulls took back control after a bearish Tuesday. The price is trending horizontally in the lower half of the 20-day Bollinger Band and struggling to break above the $0.1933 resistance level. The MACD shows decreasing bearish market momentum, while the Elliott Oscillator has had two consecutive green sessions.
Support and Resistance
XRP/USD faces strong resistance at $0.1933, $0.198, SMA 20 and SMA 50. On the downside, there are healthy support levels at $0.19 and $0.18825.
|Today last price||0.1926|
|Today Daily Change||0.0003|
|Today Daily Change %||0.16|
|Today daily open||0.1923|
|Previous Daily High||0.1941|
|Previous Daily Low||0.19|
|Previous Weekly High||0.2053|
|Previous Weekly Low||0.1844|
|Previous Monthly High||0.2268|
|Previous Monthly Low||0.178|
|Daily Fibonacci 38.2%||0.1916|
|Daily Fibonacci 61.8%||0.1925|
|Daily Pivot Point S1||0.1902|
|Daily Pivot Point S2||0.1881|
|Daily Pivot Point S3||0.1862|
|Daily Pivot Point R1||0.1943|
|Daily Pivot Point R2||0.1962|
|Daily Pivot Point R3||0.1983|
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.