Home Ripple Price Analysis: XRP/USD peaks back above $0.19 as bulls retain control
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Ripple Price Analysis: XRP/USD peaks back above $0.19 as bulls retain control

FX Street
Published date:
  • XRP/USD crossed the SMA 20 in the daily chart.
  • XRP/USD 4-hour chart faces immediate resistance at the red Ichimoku cloud.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bulls retained control as the price jumped from $0.1883 to $0.1902. In the process, XRP/USD managed to break above the SMA 20. The MACD indicates decreasing bearish momentum, while the Elliott Oscillator had 12 red sessions out of the last 13.

XRP/USD 4-hour chart

XRP/USD hourly chart

The 4-hour XRP/USD charts in an upwards channel formation as the price finds resistance at the red Ichimoku cloud. In the process, XRP/USD managed to break above the SMA 20 and SMA 50 curves. The MACD indicates increasing bullish momentum.

Key levels

 

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