Home Ripple Price Analysis: XRP/USD bulls take back control after price fell below $0.15 this Monday

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Ripple Price Analysis: XRP/USD bulls take back control after price fell below $0.15 this Monday

Updated: 17 Mar. 2020 | 03:42

XRP/USD dropped from $0.154 to $0.141 this Monday.
The RSI indicator is trending at the edge of the oversold zone.

XRP/USD daily chart

XRP/USD bulls eked out an advantage this Tuesday as the price went up from $0.141 to $0.146. This followed a bearish Monday wherein XRP/USD fell from $0.154 to $0.141. The price is consolidating in a flag formation below the green Ichimoku cloud, SMA 200, SMA 50 and SMA 20. The MACD shows sustained bearish momentum, while the RSI indicator is trending along the edge of the oversold zone.

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