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Ripple Price Prediction: XRP/USD has one strong resistance and support level – Confluence detector

  • XRP/USD bulls took back control after two straight bearish days.
  • Daily confluence detector shows a strong resistance at $0.1980.
  • Healthy support for XRP/USD lies at $0.1875.
Ripple Price Prediction: XRP/USD has one strong resistance and support level – Confluence detector
Rajarshi MitraRajarshi MitraIndependent Analyst

XRP/USD daily confluence detector

fxsoriginal

XRP/USD bulls took back control following two straight bearish days, wherein it went up from $0.1948-$0.1960. The daily confluence detector shows one strong resistance and support level at $0.1980 and $0.1875, respectively.

The $0.1980-level has the one-hour Bollinger Band middle curve, one-day and one-month Fibonacci 61.8% retracement levels, 4-hour SMA 5, one-hour SMA 5, one-hour SMA 100 and one-day SMA 100. 

On the downside, the $0.1875 support level sees the confluence of the one-week Pivot Point support-one and one-month Fibonacci 38.2% retracement level.

Key levels

XRP/USD

Overview
Today last price0.1955
Today Daily Change0.0007
Today Daily Change %0.36
Today daily open0.1948
 
Trends
Daily SMA200.1923
Daily SMA500.1922
Daily SMA1000.1965
Daily SMA2000.2091
 
Levels
Previous Daily High0.2004
Previous Daily Low0.192
Previous Weekly High0.2067
Previous Weekly Low0.1885
Previous Monthly High0.2147
Previous Monthly Low0.1692
Daily Fibonacci 38.2%0.1952
Daily Fibonacci 61.8%0.1972
Daily Pivot Point S10.1911
Daily Pivot Point S20.1873
Daily Pivot Point S30.1826
Daily Pivot Point R10.1995
Daily Pivot Point R20.2042
Daily Pivot Point R30.2079


 

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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