Rajarshi Mitra
Independent Analyst
- XRP/USD experiences bearish correction following Monday’s bullish action.
- The MACD Indicator shows sustained bearish market momentum.
XRP/USD daily chart
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XRP/USD fell from $0.1925 $0.1916 this Tuesday as the bears stepped in to correct the market following a bullish Monday. The MACD shows sustained bearish momentum, while the Elliott Oscillator has had a green session after five consecutive red sessions.
Support and Resistance
XRP/USD daily chart has stiff resistance levels at $0.193, $0.1981, SMA 20 and SMA 50. Healthy support levels lie at $0.19 and $0.182.
Key levels
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