Ripple's XRP Price Analysis: XRP/USD bears close to punishing support breach


  • Ripple's XRP price is trading in negative territory, nursing loses of some 1.5% on Friday.
  • XRP/USD is running at two steep sessions in the red, as the bears are back in control. 
  • There is a risk of $0.2000 being tested again to the downside given the current pressure south. 

XRP/USD daily chart

A daily ascending trend line has been breached, inviting further downside pressure. 


XRP/USD 60-minute chart 

The price managed to catch hourly support at $0.2150, however upside momentum likely to be capped, given the trend south. 

 

Spot rate:                  0.2368 

Relative change:       -1.50%

High:                          0.2260

Low:                           0.2136

XRP/USD

Overview
Today last price 0.223
Today Daily Change -0.0025
Today Daily Change % -1.11
Today daily open 0.2255
 
Trends
Daily SMA20 0.2216
Daily SMA50 0.2107
Daily SMA100 0.2395
Daily SMA200 0.2636
 
Levels
Previous Daily High 0.2369
Previous Daily Low 0.2209
Previous Weekly High 0.2449
Previous Weekly Low 0.2095
Previous Monthly High 0.233
Previous Monthly Low 0.1752
Daily Fibonacci 38.2% 0.227
Daily Fibonacci 61.8% 0.2308
Daily Pivot Point S1 0.2186
Daily Pivot Point S2 0.2117
Daily Pivot Point S3 0.2025
Daily Pivot Point R1 0.2346
Daily Pivot Point R2 0.2438
Daily Pivot Point R3 0.2507

 

 

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