Ripple Price Analysis: XRP/USD faces bearish correction following Friday’s bullish price action
|- XRP/USD is currently priced around $0.1920.
- The MACD shows increasing bearish momentum.
XRP/USD daily chart
XRP/USD bears started the day strong as the price fell from $0.1930 $0.1920. The price is currently trending inside the 20-day Bollinger Band after jumping back inside it this Friday. The MACD shows increasing bearish momentum, while William’s %R is moving next to the oversold zone.
Support and Resistance
XRP/USD faces strong resistance at $0.194, $0.1988, SMA 20 and SMA 50. On the downside, there two healthy support levels at $0.1884 and $0.1819
Key levels
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