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Ripple Price Analysis: XRP/USD peaks back above $0.19 as bulls retain control

  • XRP/USD crossed the SMA 20 in the daily chart.
  • XRP/USD 4-hour chart faces immediate resistance at the red Ichimoku cloud.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bulls retained control as the price jumped from $0.1883 to $0.1902. In the process, XRP/USD managed to break above the SMA 20. The MACD indicates decreasing bearish momentum, while the Elliott Oscillator had 12 red sessions out of the last 13.

XRP/USD 4-hour chart

XRP/USD hourly chart

The 4-hour XRP/USD charts in an upwards channel formation as the price finds resistance at the red Ichimoku cloud. In the process, XRP/USD managed to break above the SMA 20 and SMA 50 curves. The MACD indicates increasing bullish momentum.

Key levels

XRP/USD

Overview
Today last price0.1899
Today Daily Change0.0016
Today Daily Change %0.85
Today daily open0.1883
 
Trends
Daily SMA200.1886
Daily SMA500.182
Daily SMA1000.2196
Daily SMA2000.2313
 
Levels
Previous Daily High0.19
Previous Daily Low0.1822
Previous Weekly High0.1962
Previous Weekly Low0.1741
Previous Monthly High0.2468
Previous Monthly Low0.1129
Daily Fibonacci 38.2%0.187
Daily Fibonacci 61.8%0.1851
Daily Pivot Point S10.1837
Daily Pivot Point S20.179
Daily Pivot Point S30.1759
Daily Pivot Point R10.1915
Daily Pivot Point R20.1946
Daily Pivot Point R30.1993


 

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
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