- XRP/USD trades nearly 8% higher even as some of the other crypto majors falter.
- The next big resistance is close to 0.3700 and we might just have enough momentum.
XRP/USD Daily Chart
Ripple has had a massive week this week.
Currently, the weekly candle is up around 16% as bulls look firmly in control.
On the chart below the daily chart shows the next big resistance at 0.3700.
If there is a retracement the 0.3200 area could act as a support.
There is also a trendline in place that could support the XRP/USD price if the correction is deeper.
Both the RSI and Volume indicators are showing that the market is firmly behind the move higher which is a great sign for the bulls.
|Today last price||0.3293|
|Today Daily Change||0.0244|
|Today Daily Change %||8.00|
|Today daily open||0.3049|
|Previous Daily High||0.3097|
|Previous Daily Low||0.2816|
|Previous Weekly High||0.2878|
|Previous Weekly Low||0.2356|
|Previous Monthly High||0.254|
|Previous Monthly Low||0.1846|
|Daily Fibonacci 38.2%||0.299|
|Daily Fibonacci 61.8%||0.2923|
|Daily Pivot Point S1||0.2878|
|Daily Pivot Point S2||0.2707|
|Daily Pivot Point S3||0.2597|
|Daily Pivot Point R1||0.3158|
|Daily Pivot Point R2||0.3268|
|Daily Pivot Point R3||0.3439|
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