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  • The Elliott Oscillator has had two green sessions following 10 straight red sessions.
  • The RSI indicator is sitting on top of the oversold zone.

XRP/USD daily chart

XRP/USD daily chart

XRP/USD bulls eked out an advantage in the early hours as the price went up slightly from $0.147 to $0.148. This followed a bullish Tuesday wherein the asset went up from $0.1415 to $0.147. The price is hovering below the red Ichimoku cloud, SMA 20, SMA 50 and SMA 200. The Elliott Oscillator has had two green sessions following 10 straight red sessions. Finally, the RSI indicator is sitting on top of the oversold territory.