XRP / Dollar may rise to 0.5916 - 0.5980

Our pivot point is at 0.5685.

Our preference

The upside prevails as long as 0.5685 is support.

Alternative scenario

Below 0.5685, expect 0.5578 and 0.5514.

Comment

The RSI is above 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 0.5725 and 0.5652).

Supports and resistances

0.6108 **

0.6044 *

0.5980 **

0.5916

0.5784 last

0.5727

0.5685 **

0.5578 *

0.5514 **

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