• XRP/USD is down by more than 5% after another rejection at $0.30
  • XRP bulls are losing some ground but overall XRP remains positive.

XRP has been under consolidation for a few days now and bulls have been unable to keep the digital asset above $0.30. Either way, buyers do have a strong support area below $0.285.

XRP/USD 1-hour chart

XRPUSD

The nearest support level is located at $0.283 and it’s followed by $0.282 and $0.279, basically, the entire area between $0.283 and $0.279 is a robust zone of support. At the lowest, XRP could drop to $0.272, which is the low of August 2. As for resistance, bulls are still fighting to crack $0.30, a crucial resistance point before the 2020-high.

XRP/USD technical levels

XRP/USD

Overview
Today last price 0.2854
Today Daily Change -0.0093
Today Daily Change % -3.16
Today daily open 0.2947
 
Trends
Daily SMA20 0.261
Daily SMA50 0.2179
Daily SMA100 0.2093
Daily SMA200 0.2131
 
Levels
Previous Daily High 0.3007
Previous Daily Low 0.2838
Previous Weekly High 0.3259
Previous Weekly Low 0.2485
Previous Monthly High 0.2608
Previous Monthly Low 0.1729
Daily Fibonacci 38.2% 0.2942
Daily Fibonacci 61.8% 0.2902
Daily Pivot Point S1 0.2855
Daily Pivot Point S2 0.2762
Daily Pivot Point S3 0.2686
Daily Pivot Point R1 0.3023
Daily Pivot Point R2 0.3099
Daily Pivot Point R3 0.3192

 

 


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Recommended content


Recommended Content

Editors’ Picks

Is Altcoin Season here as Bitcoin reaches a new all-time high?

Is Altcoin Season here as Bitcoin reaches a new all-time high?

Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.

More Altcoin News
Shanghai court confirms legal recognition of crypto ownership

Shanghai court confirms legal recognition of crypto ownership

A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.

More Cryptocurrencies News
BTC hits an all-time high above $97,850, inches away from the $100K mark

BTC hits an all-time high above $97,850, inches away from the $100K mark

Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.

More Bitcoin News
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange

Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange

Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.

More Shiba Inu News
Bitcoin: New high of $100K or correction to $78K?

Bitcoin: New high of $100K or correction to $78K?

Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.

Read full analysis
Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

Read More

BTC

ETH

XRP