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.

Rajarshi Mitra Independent Analyst

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

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 price	0.1899
Today Daily Change	0.0016
Today Daily Change %	0.85
Today daily open	0.1883

Trends
Daily SMA20	0.1886
Daily SMA50	0.182
Daily SMA100	0.2196
Daily SMA200	0.2313

Levels
Previous Daily High	0.19
Previous Daily Low	0.1822
Previous Weekly High	0.1962
Previous Weekly Low	0.1741
Previous Monthly High	0.2468
Previous Monthly Low	0.1129
Daily Fibonacci 38.2%	0.187
Daily Fibonacci 61.8%	0.1851
Daily Pivot Point S1	0.1837
Daily Pivot Point S2	0.179
Daily Pivot Point S3	0.1759
Daily Pivot Point R1	0.1915
Daily Pivot Point R2	0.1946
Daily Pivot Point R3	0.1993

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