XRP / Dollar may rise to 0.6426 - 0.6495

Our pivot point stands at 0.6149.

Our preference

As long as 0.6149 is support look for 0.6495.

Alternative scenario

Below 0.6149, expect 0.6033 and 0.5964.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.6253 and 0.6108).

Supports and resistances

0.6634 **

0.6565 *

0.6495 **

0.6426

0.6270 last

0.6194

0.6149 **

0.6033 *

0.5964 **

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