Home Ripple Price Analysis: XRP/USD bulls stay in control as upward trending line holds strong
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Ripple Price Analysis: XRP/USD bulls stay in control as upward trending line holds strong

FX Street
Published date:
  • XRP/USD broke above the SMA 50.
  • The 20-day Bollinger jaw has narrowed, showing decreasing price volatility.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD went up from $0.1834 to $0.1847, as the bulls remained in control of the market. The price bounced off the support provided by the upward trending line and broke above the SMA 50 curve. The 20-day Bollinger jaw has narrowed, showing decreasing price volatility. The buyers will aim to take the price above the $0.19-level and break past the SMA 20. The MACD indicates that despite the bullish price action, the overall market momentum is slightly bearish.

Key levels

 

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