- XRP/USD lacks strong resistance levels.
- If the bulls take charge, they may spike XRP/USD above $0.23.
- Daily confluence detector shows two healthy support levels at $0.1985 and $0.1875.
XRP/USD daily confluence detector
XRP/USD has gone up from $0.2040 to $0.2044 so far this Thursday as the price looks to consolidate itself above $0.20-level. The daily confluence detector shows a lack of strong resistance levels. If the bulls take charge, they have a clear path to $0.23.
On the downside, there are two healthy support levels at $0.1985 and $0.1875. The former has the one-month Fibonacci 61.8% retracement level, one-day Previous Low, 4-hour SMA 50, one-day SMA 100 and one-hour SMA 200. On the other hand, the $0.1875 support level has the one-month Fibonacci 38.2% retracement level and one-week Pivot Point support-one.
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