XRP / Dollar may rise to 0.5974 - 0.6075

Our pivot point stands at 0.5636.

Our preference

As long as 0.5636 is support look for 0.6075.

Alternative scenario

Below 0.5636, expect 0.5467 and 0.5366.

Comment

The RSI is above 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 0.5770 and 0.5761).

Supports and resistances

0.6276 **

0.6175 *

0.6075 **

0.5974

0.5772 last

0.5703

0.5636 **

0.5467 *

0.5366 **

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