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Ripple Technical Analysis: XRP/USD bulls remain in charge for three consecutive days

  • XRP/USD bulls aim to take price above the $0.32-level.
  • The RSI is creeping along the edge of the overbought zone.
Ripple Technical Analysis: XRP/USD bulls remain in charge for three consecutive days
Rajarshi MitraRajarshi MitraIndependent Analyst

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bulls have stayed in control for three straight days. The price has gone up from $0.3157 $0.3188 in the early hours of Tuesday. In the daily price chart, we have three healthy support levels at $0.312, $0.294 (SMA 20) and $0.29.

The Elliott Oscillator has three straight green sessions. Finally, the relative strength index (RSI) shows that the price is creeping along the edge of the overbought zone. This indicates that the asset is presently slightly overvalued.

Key levels

XRP/USD

Overview
Today last price0.3192
Today Daily Change0.0034
Today Daily Change %1.08
Today daily open0.3158
 
Trends
Daily SMA200.2898
Daily SMA500.2339
Daily SMA1000.2149
Daily SMA2000.2154
 
Levels
Previous Daily High0.328
Previous Daily Low0.2974
Previous Weekly High0.3075
Previous Weekly Low0.2687
Previous Monthly High0.2608
Previous Monthly Low0.1729
Daily Fibonacci 38.2%0.3163
Daily Fibonacci 61.8%0.3091
Daily Pivot Point S10.2995
Daily Pivot Point S20.2832
Daily Pivot Point S30.2689
Daily Pivot Point R10.33
Daily Pivot Point R20.3443
Daily Pivot Point R30.3606


 

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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