XRP / Dollar may rise to 0.6217 - 0.6322

0.5861 is our pivot point.

Our preference

Rebound towards 0.6322.

Alternative scenario

The downside breakout of 0.5861 would call for 0.5684 and 0.5579.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6022 and 0.6063).

Supports and resistances

0.6533 **

0.6428 *

0.6322 **

0.6217

0.6005 last

0.5931

0.5861 **

0.5684 *

0.5579 **

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