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Ripple Price Analysis: XRP/USD floats inside the green Ichimoku cloud

  • XRP/USD bulls stage comeback following bearish Tuesday.
  • The MACD shows decreasing bullish momentum.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bulls staged a comeback after a bearish Tuesday. The price bounced went up from $0.2012 to $0.2025 and is currently floating inside the green Ichimoku cloud. The MACD shows decreasing bullish momentum.

Support and Resistance

XRP/USD has strong resistance at SMA 50, $0.2068, $0.2113 and SMA 200. On the downside, there are healthy support levels at SMA 20, $0.198 and $0.1927.

Key levels

XRP/USD

Overview
Today last price0.2024
Today Daily Change0.0011
Today Daily Change %0.55
Today daily open0.2013
 
Trends
Daily SMA200.2009
Daily SMA500.2037
Daily SMA1000.1938
Daily SMA2000.2132
 
Levels
Previous Daily High0.2053
Previous Daily Low0.1901
Previous Weekly High0.2147
Previous Weekly Low0.1973
Previous Monthly High0.2268
Previous Monthly Low0.178
Daily Fibonacci 38.2%0.1959
Daily Fibonacci 61.8%0.1995
Daily Pivot Point S10.1925
Daily Pivot Point S20.1837
Daily Pivot Point S30.1773
Daily Pivot Point R10.2077
Daily Pivot Point R20.2141
Daily Pivot Point R30.2229


 

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

More from Rajarshi Mitra
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