Ripple Price Analysis: XRP/USD trends inside the green Ichimoku cloud as price consolidates between $0.20 and $0.1950

• XRP/USD bears took control of the market in the early hours of Tuesday.
• The Elliott Oscillator has had a green session following five red sessions.
• The SMA 50 is about to cross over the SMA 20 to potentially chart a bearish cross.

XRP/USD daily chart

XRP/USD fell from $0.1961 to $0.1951 as it continues to trend inside the green Ichimoku cloud. The SMA 50 is about to cross over the SMA 20 to potentially chart a bearish cross, while the Elliott Oscillator has had a green session following five red sessions.

XRP/USD faces two strong resistance levels on the upside at SMA 50, SMA 20, $0.213 and $0.202. On the downside, XRP/USD faces two healthy support levels at $0.1907 and $0.1808.

Key levels