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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


Today last price0.2611
Today Daily Change0.0004
Today Daily Change %0.15
Today daily open0.2607
Daily SMA200.2587
Daily SMA500.2793
Daily SMA1000.3312
Daily SMA2000.3365
Previous Daily High0.2647
Previous Daily Low0.2592
Previous Weekly High0.2665
Previous Weekly Low0.2511
Previous Monthly High0.3308
Previous Monthly Low0.2392
Daily Fibonacci 38.2%0.2613
Daily Fibonacci 61.8%0.2626
Daily Pivot Point S10.2584
Daily Pivot Point S20.256
Daily Pivot Point S30.2529
Daily Pivot Point R10.2639
Daily Pivot Point R20.267
Daily Pivot Point R30.2694

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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