Ripple Price Analysis: XRP/USD drops below upward trending line
|- XRP/USD bulls try to fight back following bearish Wednesday.
- Currently, the price is sandwiched between the SMA 50 and upward trending line.
- MACD shows sustained bearish momentum.
XRP/USD daily chart
XRP/USD went up from $0.2015 to $0.202, following a bearish Wednesday. The price currently sandwiched between the SMA 50 and the upward trending line. The MACD shows sustained bearish momentum.
On the upside, the bulls face resistance at the upward trending line, SMA 20, $0.214 and $0.219. On the downside, healthy support lies at SMA 50, $0.198 and $0.188.
Key levels
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