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Ripple Technical Analysis: XRP/USD suffers a mild dip below $0.30

  • XRP/USD is currently trading at $0.299 after a drop from $0.319.
  • XRP remains in a robust daily uptrend and welcomes some consolidation.

XRP has been a lagger but finally got a breakout of its own and it’s now way above any daily EMA’s. 

XRP/USD daily chart

XRPUSD

The 12-EMA is currently located at $0.261 while the 26-EMA is at $0.235, both EMAs should serve as support levels in case XRP fails to hold $0.30 for an extended period of time. There aren’t many resistance levels until $0.346, the 2020-high. 

XRP/USD technical indicators

XRP/USD

Overview
Today last price0.2989
Today Daily Change-0.0112
Today Daily Change %-3.61
Today daily open0.3101
 
Trends
Daily SMA200.226
Daily SMA500.2029
Daily SMA1000.2034
Daily SMA2000.2109
 
Levels
Previous Daily High0.3199
Previous Daily Low0.284
Previous Weekly High0.2608
Previous Weekly Low0.2095
Previous Monthly High0.2608
Previous Monthly Low0.1729
Daily Fibonacci 38.2%0.3062
Daily Fibonacci 61.8%0.2977
Daily Pivot Point S10.2894
Daily Pivot Point S20.2688
Daily Pivot Point S30.2536
Daily Pivot Point R10.3253
Daily Pivot Point R20.3405
Daily Pivot Point R30.3612

Author

Lorenzo Stroe

Lorenzo Stroe

Independent Analyst

Lorenzo is an experienced Technical Analyst and Content Writer who has been working in the cryptocurrency industry since 2012. He also has a passion for trading.

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