XRP / Dollar may rise to 0.5468 - 0.5526

Our pivot point is at 0.5267.

Our preference

The upside prevails as long as 0.5267 is support.

Alternative scenario

Below 0.5267, expect 0.5170 and 0.5112.

Comment

The RSI is above 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 0.5326 and 0.5308).

Supports and resistances

0.5642 **

0.5584 *

0.5526 **

0.5468

0.5347 last

0.5305

0.5267 **

0.5170 *

0.5112 **

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