XRP/USD is trending above the 20-day Bollinger Band, indicating that the asset is currently overvalued. The RSI indicator has jumped from 51.02 to 59.18. XRP/USD daily chart XRP/USD bulls are well and truly in control as the price has risen from $0.1794 to $0.1955, going past crucial psychological levels at $0.18 and $0.19. To continue this upward momentum, the bulls must go past $0.2039 to push the price above the SMA 50 curve. However, the price has already crossed above the SMA 20 Bollinger Band, indicating that the asset is currently overpriced. This means that a short-term bearish correction may be around the corner. The MACD indicates increasing bullish momentum, while the RSI indicator has jumped from 51.02 to 59.18. Key levels FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold Price Analysis: Refreshes four-week high, $1,685 on bulls’ radar FX Street 2 years XRP/USD is trending above the 20-day Bollinger Band, indicating that the asset is currently overvalued. The RSI indicator has jumped from 51.02 to 59.18. XRP/USD daily chart XRP/USD bulls are well and truly in control as the price has risen from $0.1794 to $0.1955, going past crucial psychological levels at $0.18 and $0.19. To continue this upward momentum, the bulls must go past $0.2039 to push the price above the SMA 50 curve. However, the price has already crossed above the SMA 20 Bollinger Band, indicating that the asset is currently overpriced. This means that a short-term bearish correction may… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
