Ripple Price Analysis: XRP/USD floats inside the green Ichimoku cloud

Updated: 11 Jun. 2020 | 00:47

XRP/USD bulls stage comeback following bearish Tuesday.
The MACD shows decreasing bullish momentum.

XRP/USD daily chart

XRP/USD bulls staged a comeback after a bearish Tuesday. The price bounced went up from $0.2012 to $0.2025 and is currently floating inside the green Ichimoku cloud. The MACD shows decreasing bullish momentum.

Support and Resistance

XRP/USD has strong resistance at SMA 50, $0.2068, $0.2113 and SMA 200. On the downside, there are healthy support levels at SMA 20, $0.198 and $0.1927.

Key levels

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