Connect with us

Hi, what are you looking for?

ELEVENEWS

Ripple

Ripple Price Analysis: XRP/USD bulls try to conquer the $0.1772 resistance level

  • XRP/USD buyers have retained control for the second straight day.
  • The price is currently trending in a narrow channel between strong resistance and support levels.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bulls have retained control for the second straight day as the price has gone up slightly from $0.1766 to $0.1767. The price is trending in a narrow channel between the $0.1772 resistance and $0.1752 support levels. The price is currently trying to break above $0.1772 resistance line, which has repeatedly thwarted the bulls before.

The Elliott Oscillator has had a green session after eight consecutive red sessions. The RSI indicator is trending along the edge of the oversold zone.

Support and Resistance

XRP/USD bulls face stiff resistance at $0.1772, $0.1825, $0.1848 (SMA 20) and $0.1942 (SMA 50). On the downside, there is good support at $0.1752.

Key levels

XRP/USD

OVERVIEW
Today last price0.1771
Today Daily Change0.0005
Today Daily Change %0.28
Today daily open0.1766
TRENDS
Daily SMA200.1856
Daily SMA500.1948
Daily SMA1000.194
Daily SMA2000.2092
LEVELS
Previous Daily High0.1783
Previous Daily Low0.1739
Previous Weekly High0.1905
Previous Weekly Low0.1784
Previous Monthly High0.2147
Previous Monthly Low0.1692
Daily Fibonacci 38.2%0.1766
Daily Fibonacci 61.8%0.1756
Daily Pivot Point S10.1742
Daily Pivot Point S20.1718
Daily Pivot Point S30.1698
Daily Pivot Point R10.1787
Daily Pivot Point R20.1807
Daily Pivot Point R30.1831
News Source

Advertisement

Copyright © 2020 Elevenews