Home Ripple Price Analysis: XRP/USD bears take charge as price sits on top of SMA 50
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Ripple Price Analysis: XRP/USD bears take charge as price sits on top of SMA 50

FX Street
Updated:
  • XRP/USD bears regained control following a bullish Monday.
  • The MACD shows slight bullish momentum.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD continued its sluggish movement in the early hours of Tuesday as the bears took the price down from $0.2042 to $0.2035. Following the negative price action, XRP/USD is currently sitting on top of the SMA 50 curve. The MACD shows slight bullish momentum.

Support and Resistance

XRP/USD has three strong resistance levels on the upside at $0.2114, SMA 200 and $0.224. On the downside, healthy support levels lie at SMA 50, SMA 20, $0.193 and $0.1815.

Key levels

 

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