Home Ripple’s XRP Price Prediction: XRP/USD critical support may be forced to sink firmly below $0.3000 – Confluence Detector
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Ripple’s XRP Price Prediction: XRP/USD critical support may be forced to sink firmly below $0.3000 – Confluence Detector

FX Street
Updated:
  • Ripple’s XRP price on Thursday is trading once again in the red, as the directionless movement continues.
  • XRP/USD price action is moving within a narrow mundane trading range, seen through much for 2019.

Ripple’s XRP price in the second half of trading on Thursday is trading in negative territory by over 2.5%.  XRP/USD  continues to struggle  to find a committed trend, after being sucked back into the narrow 2019 average range.

XRP/USD is moving within the mundane average 2019 trading range; the low of $0.3000, the high up at $0.3500. The bears have been persistent in quickly moving in to sell any rallies, observed.

Looking via the daily confluence detector, firstly the barriers of support; $0.2981, daily pivot point support $0.2950, daily and weekly pivot point support, $.2919, daily pivot point support.   To the upside; in terms of resistance; $0.3013, daily 38.2% Fibonacci, $0.3044, daily 23.6% Fibonacci and weekly 61.8% Fibonacci.

XRP/USD daily confluence detector

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