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Ripple Price Analysis: XRP/USD bulls remain in control as the price sludges along

FX Street
Updated:
  • XRP/USD bulls remained in control of the market for the third straight day.
  • The price faces three strong resistance levels at $0.2118, SMA 200 and $0.2192. 

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bulls remained in control for the third straight day as the price went up slightly from $0.2042 to $0.2043. The Elliott Oscillator is back in the green following a red session, showing that the market sentiment is slightly bullish. The MACD indicates sustained bullish momentum

Support and Resistance

XRP/USD has strong resistance levels at $0.2118, SMA 200 and $0.2192. On the downside, it has healthy support at SMA 50, SMA 20, $0.1939 and $0.1806 

Key levels

 

FX Street

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