XRP/USD sees little scope for further growth as price stuck between strong levels of resistance and support

• XRP/USD went up from $0.317 to $0.319 seeing a 0.6% growth.
• Bulls have to breach past the resistance from $0.324 – $0.325.

On a day when the crypto-market went up as a whole, XRP/USD increased from $0.317 to $0.319 seeing a 0.6% growth. XRP/USD faces a huge stack of resistance from $0.324 – $0.325.

XRP/USD daily confluence detector

According to XRP/USD daily confluence, the resistance levels are at $0.324 – $0.325, $0.327, and $0.336. The confluences at those levels are:

• $0.324 – $0.325: 4 hour previous low, SMA 10, the hourly previous high, SMA 5, and 15-min Bollinger band middle.
• $0.327: Monthly 38.2% Fibonacci retracement level and daily pivot point resistance 2.
• $0.336: Monthly 23.6% Fibonacci retracement level.

The support levels are at $0.323, $0.318 – $0.319, and $0.311 – $0.312. The confluences at those levels are:

• $0.323: Hourly Bollinger band middle, SMA 10, SMA 5, and hourly previous low.
• $0.318-$0.319:  Daily 23.6% Fibonacci retracement level, 4-hour Bollinger band middle, SMA 50, and weekly 61.8% Fibonacci retracement level.
• $0.311 – $0.312: Monthly 61.8% Fibonacci retracement level, 4-hour Bollinger band lower, and daily pivot point support 1.