Ripple's XRP Technical Analysis: XRP/USD vital ascending trend line guiding the bulls


  • Ripple's XRP price on Tuesday is trading up in very minor positive territory, small gains of just some 1%.
  • XRP/USD bulls are supported near-term by an ascending trend line, see via the daily chart view. 
  • A breakout appears to be imminent, as the price narrows within a triangular structure.  

Spot rate:                  0.3271

Relative change:      +1.05%

High:                         0.3291

Low:                          0.3227

XRP/USD

Overview
Today last price 0.3268
Today Daily Change 0.0024
Today Daily Change % 0.74
Today daily open 0.3244
 
Trends
Daily SMA20 0.338
Daily SMA50 0.3239
Daily SMA100 0.319
Daily SMA200 0.3654
Levels
Previous Daily High 0.333
Previous Daily Low 0.3197
Previous Weekly High 0.3491
Previous Weekly Low 0.3137
Previous Monthly High 0.3276
Previous Monthly Low 0.287
Daily Fibonacci 38.2% 0.3279
Daily Fibonacci 61.8% 0.3248
Daily Pivot Point S1 0.3184
Daily Pivot Point S2 0.3124
Daily Pivot Point S3 0.3052
Daily Pivot Point R1 0.3317
Daily Pivot Point R2 0.3389
Daily Pivot Point R3 0.3449

 

XRP/USD 60-minute chart

  • Price action via the 60-minute view is moving within a narrowing triangular structure, subject to a breakout for XRP/USD. 

XRP/USD daily chart

  • Daily price action for XRP/USD is supported to the upside by an ascending trend line formation.  

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