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Ripple

Ripple Price Analysis: XRP/USD bears take control as the price sits on top of the SMA 50 curve

  • XRP/USD bears took back control after two straight bullish days.
  • The MACD shows decreasing bullish momentum.
  • The price faces strong resistance at $0.2111, SMA 200 and $0.2246. 

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bears took charge following two straight bullish days as the price dropped from $0.2042 to $0.2026. The MACD shows decreasing bullish momentum, while the Elliott Oscillator had a green session, following this Thursday’s red session. It looks like the bulls and bears are currently playing a tug-of-war for control, with the latter gaining a slight advantage.

Support and Resistance

XRP/USD has three strong resistance levels on top at $0.2111, SMA 200 and $0.2246. On the downside, the price is currently sitting on top of the SMA 50 curve. If the sellers do manage to conquer that, they will look to aim for SMA 20, $0.1931 and $0.1825.

Key levels

XRP/USD

OVERVIEW
Today last price0.2033
Today Daily Change-0.0009
Today Daily Change %-0.44
Today daily open0.2042
TRENDS
Daily SMA200.2008
Daily SMA500.2023
Daily SMA1000.1953
Daily SMA2000.2143
LEVELS
Previous Daily High0.2072
Previous Daily Low0.1999
Previous Weekly High0.2031
Previous Weekly Low0.1855
Previous Monthly High0.2268
Previous Monthly Low0.178
Daily Fibonacci 38.2%0.2044
Daily Fibonacci 61.8%0.2027
Daily Pivot Point S10.2004
Daily Pivot Point S20.1965
Daily Pivot Point S30.1931
Daily Pivot Point R10.2076
Daily Pivot Point R20.2111
Daily Pivot Point R30.2149

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