Rajarshi Mitra
Independent Analyst
- XRP/USD has two strong resistance levels on the upside at $0.225 and $0.232.
- On the downside, there is a healthy support level at $0.210.
XRP/USD daily confluence detector
XRP/USD bulls took charge of the market for the second straight day as the price went up from $0.209 to $0.2133 this Tuesday. The bulls will need to overcome two resistance levels at $0.225 and $0.232 to continue this upward momentum. $0.225 has the Previous Month low, while $0.232 has the SMA 10, SMA 50, SMA 200 and one-week Pivot Point support-one.
On the downside, there is a healthy support level at $0.210, which has the SMA 10, SMA 50, SMA 200, one-week Pivot Point and one-day Fibonacci 23.6% retracement level.
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