XRP / Dollar may rise to 0.6120 - 0.6186

0.5895 is our pivot point.

Our preference

The upside prevails as long as 0.5895 is support.

Alternative scenario

Below 0.5895, expect 0.5783 and 0.5717.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5920 and 0.5911).

Supports and resistances

0.6318 **

0.6252 *

0.6186 **

0.6120

0.5986 last

0.5938

0.5895 **

0.5783 *

0.5717 **

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