Ripple's XRP technical analysis: XRP/USD dipping in critical a demand zone

  • Ripple's XRP price is trading with the red by some 3.00% in the session on Friday. 
  • XRP/USD is within the control of the market bears, running towards its sixth consecutive in the red. 
  • The price saw a big test of support at the $0.2500 mark, which has proven to attract buyers. 


XRP/USD weekly chart

The price is set for a second consecutive week in the red after the October bull run lost momentum. 

XRP/USD daily chart

The pressure has been very much to the downside since a critical ascending trend line break.

Spot rate:                 0.2602

Relative change:      -3.00%

High:                         0.2694

Low:                          0.2524



Today last price 0.2603
Today Daily Change -0.0079
Today Daily Change % -2.95
Today daily open 0.2682
Daily SMA20 0.2892
Daily SMA50 0.2777
Daily SMA100 0.2753
Daily SMA200 0.3237
Previous Daily High 0.2731
Previous Daily Low 0.2634
Previous Weekly High 0.3149
Previous Weekly Low 0.2707
Previous Monthly High 0.315
Previous Monthly Low 0.2425
Daily Fibonacci 38.2% 0.2671
Daily Fibonacci 61.8% 0.2694
Daily Pivot Point S1 0.2634
Daily Pivot Point S2 0.2585
Daily Pivot Point S3 0.2537
Daily Pivot Point R1 0.273
Daily Pivot Point R2 0.2779
Daily Pivot Point R3 0.2827



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