XRP / Dollar may rise to 0.6458 - 0.6528

Our pivot point stands at 0.6165.

Our preference

The upside prevails as long as 0.6165 is support.

Alternative scenario

The downside breakout of 0.6165 would call for 0.6048 and 0.5979.

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 0.6164 and 0.6082).

Supports and resistances

0.6668 **

0.6598 *

0.6528 **

0.6458

0.6274 last

0.6210

0.6165 **

0.6048 *

0.5979 **

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