Ripple XRP Price Analysis: XRP/USD is stuck between a technical rock and hard place

Ripple is trading 1.28% as crypto sentiment is positive on Monday.
XRP/USD is stuck between the 55 and 200 moving averages.

XRP/USD 4-hour chart

Ripple has been moving higher on Monday as the sentiment in the cryptosphere remains positive. The XRP/USD pair has bounced off the 0.21 resistance point but looks like it could make another run on the level once again. If the price does break above the aforementioned resistance zone then the red horizontal line at 0.2250 could also be tricky for the bulls.

Looking at the key feature on the chart, the price is now stuck between the 55 Exponential Moving Average and 200 Simple Moving Average. A break in either direction could tell us lots about the future trajectory of the digital asset.

The MACD is throwing up mixed signals. The histogram is in the red but the signal lines are above the mid-line. There has been a bearish cross so keep an eye on how low these signal lines can fall. The Relative Strength Index indicator is still hovering above the 50 mid-line. It recently moved away from the overbought zone so that does mean there is space for a move higher should the bulls step in once again.

Additional levels

XRP/USD

Overview
Today last price	0.205
Today Daily Change	0.0025
Today Daily Change %	1.23
Today daily open	0.2025

Trends
Daily SMA20	0.1997
Daily SMA50	0.2007
Daily SMA100	0.1979
Daily SMA200	0.2155

Levels
Previous Daily High	0.2136
Previous Daily Low	0.2003
Previous Weekly High	0.2031
Previous Weekly Low	0.1855
Previous Monthly High	0.2268
Previous Monthly Low	0.178
Daily Fibonacci 38.2%	0.2054
Daily Fibonacci 61.8%	0.2085
Daily Pivot Point S1	0.1973
Daily Pivot Point S2	0.1921
Daily Pivot Point S3	0.1839
Daily Pivot Point R1	0.2107
Daily Pivot Point R2	0.2188
Daily Pivot Point R3	0.224

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