Ripple's XRP technical analysis: XRP/USD bulls are lifeless with a position to capitalize to the north


  • Ripple's XRP price on Monday is trading marginally in the green, up some 0.20%. 
  • XRP/USD price action is moving in consolidation mode, sitting just above a breakout pennant structure. 
  • Upside appears to be very much capped by resistance within the $0.2600 price area. 

 

Spot rate:                 0.2542

Relative change:      -0.65%

High:                         0.2637

Low:                          0.2605

XRP/USD

Overview
Today last price 0.2611
Today Daily Change 0.0004
Today Daily Change % 0.15
Today daily open 0.2607
 
Trends
Daily SMA20 0.2587
Daily SMA50 0.2793
Daily SMA100 0.3312
Daily SMA200 0.3365
Levels
Previous Daily High 0.2647
Previous Daily Low 0.2592
Previous Weekly High 0.2665
Previous Weekly Low 0.2511
Previous Monthly High 0.3308
Previous Monthly Low 0.2392
Daily Fibonacci 38.2% 0.2613
Daily Fibonacci 61.8% 0.2626
Daily Pivot Point S1 0.2584
Daily Pivot Point S2 0.256
Daily Pivot Point S3 0.2529
Daily Pivot Point R1 0.2639
Daily Pivot Point R2 0.267
Daily Pivot Point R3 0.2694

 

XRP/USD daily chart

  • XRP is sitting just above a breached bearish technical pennant, there is a lack of commitment for now. 

 

XRP/USD 60-minute chart

  •  The heavy near-term supply can be observed within the $0.2600 region, as sellers remain capped within region. 

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