XRP / Dollar may rise to 0.4424 - 0.4464

Our pivot point stands at 0.4272.

Our preference

The upside prevails as long as 0.4272 is support.

Alternative scenario

Below 0.4272, expect 0.4204 and 0.4164.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.4309 and 0.4295).

Supports and resistances

0.4545 **

0.4505 *

0.4464 **

0.4424

0.4331 last

0.4298

0.4272 **

0.4204 *

0.4164 **

Number of asterisks represents the strength of support and resistance levels.