XRP / Dollar may rise to 0.6024 - 0.6126

Our pivot point stands at 0.5647.

Our preference

The upside prevails as long as 0.5647 is support.

Alternative scenario

Below 0.5647, expect 0.5478 and 0.5377.

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 trading above both its 20 and 50 period moving average (respectively at 0.5682 and 0.5699). Finally, the XRP / Dollar has crossed above its upper Bollinger band (0.5773).

Supports and resistances

0.6329 **

0.6227 *

0.6126 **

0.6024

0.5781 last

0.5714

0.5647 **

0.5478 *

0.5377 **

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