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Ripple Price Prediction: XRP/USD drops below the $0.30 level – Confluence Detector

Ripple Price Prediction: XRP/USD drops below the $0.30 level – Confluence Detector
Rajarshi MitraRajarshi MitraIndependent Analyst

XRP/USD daily confluence detector

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XRP/USD bears remained in control for the second straight day, dropping from $0.3014 to $0.2987. The daily confluence detector has one strong resistance level at $0.3215, which has the one-day Previous High and one-month Pivot Point resistance-two.

On the downside, we have two healthy support levels at $0.29 and $0.26, respectively. $0.29 has the one-day SMA 5 and one-month Pivot Point resistance-one. Finally, the $0.26-level has the Previous Month high, Previous Week high and one-day SMA 10.

Want to know about our latest Bitcoin price prediction report? Click here.

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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