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Ripple Price Analysis: XRP/USD shoots higher in the US session

  • Ripple trades 4.42% higher on Tuesday as cryptos rip higher.
  • The price is just under the psychological 0.30 level and could break it once again.
Ripple Price Analysis: XRP/USD shoots higher in the US session
Rajan Dhall, MSTARajan Dhall, MSTAFX Daily

XRP/USD 60-Minute Chart

Cryptocurrencies are moving higher in the US session and Ripple is 4.42% higher.

There is a broadening pattern on the intraday chart below and the to level is under threat.

Next up for the bulls is the 0.3070 resistance level and if that is taken out the 0.3463 high.

The bulls will be pleased to see consecutive higher high higher low waves after the retracement over the last few sessions.

To head higher we will need a slight pick up in the volume though.

Ripple Price Analysis

Additional Levels

XRP/USD

Overview
Today last price0.2986
Today Daily Change0.0115
Today Daily Change %4.01
Today daily open0.2871
 
Trends
Daily SMA200.277
Daily SMA500.2415
Daily SMA1000.233
Daily SMA2000.2555
 
Levels
Previous Daily High0.2952
Previous Daily Low0.2697
Previous Weekly High0.3395
Previous Weekly Low0.2672
Previous Monthly High0.254
Previous Monthly Low0.1846
Daily Fibonacci 38.2%0.2794
Daily Fibonacci 61.8%0.2854
Daily Pivot Point S10.2728
Daily Pivot Point S20.2585
Daily Pivot Point S30.2473
Daily Pivot Point R10.2983
Daily Pivot Point R20.3095
Daily Pivot Point R30.3238

Author

Rajan Dhall, MSTA

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

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