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Ripple Price Prediction: XRP/USD bulls must conquer the $0.1967 resistance to continue upward momentum – Confluence Detector

  • XRP/USD bulls retained control for the second straight day.
  • The daily confluence detector shows healthy support at $0.1865.
Ripple Price Prediction: XRP/USD bulls must conquer the $0.1967 resistance to continue upward momentum – Confluence Detector
Rajarshi MitraRajarshi MitraIndependent Analyst

XRP/USD daily confluence detector

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XRP/USD has gone up from $0.1945 to $0.1947 in the early hours of Saturday. As per the daily confluence detector, there is one strong resistance and support level at $0.1967 and $0.1865, respectively.

The $0.1967 resistance level has the one-day Fibonacci 23.6% retracement level, one-hour SMA 100 and one-day SMA 100. On the other hand, the $0.1865 support level has the one-week Pivot Point support-one and one-month Fibonacci 38.2% retracement level.
 

Author

Rajarshi Mitra

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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