Ripple Price Analysis: XRP/USD still remains the crypto darling

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.

Rajan Dhall, MSTA FX Daily

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.

Additional Levels

XRP/USD

Overview
Today last price	0.3293
Today Daily Change	0.0244
Today Daily Change %	8.00
Today daily open	0.3049

Trends
Daily SMA20	0.2566
Daily SMA50	0.2296
Daily SMA100	0.2323
Daily SMA200	0.2556

Levels
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

Author

Rajan Dhall, MSTA

FX Daily

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

XRP recovers slightly as bearish sentiment dominates crypto market

Ripple is rising above $1.40 at the time of writing on Monday amid fresh tariff-triggered headwinds in the broader cryptocurrency market. The sell-off to $1.33, the token’s intraday low, can be attributed to macroeconomic uncertainty, geopolitical tensions and risk-averse sentiment among other factors.