XRP / Dollar may rise to 0.6225 - 0.6330

0.5865 is our pivot point.

Our preference

Rebound towards 0.6330.

Alternative scenario

Below 0.5865, expect 0.5688 and 0.5582.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6020 and 0.6039).

Supports and resistances

0.6542 **

0.6436 *

0.6330 **

0.6225

0.6014 last

0.5935

0.5865 **

0.5688 *

0.5582 **

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