XRP / Dollar may fall to 0.5276 - 0.5335

0.5538 is our pivot point.

Our preference

Eye 0.5276.

Alternative scenario

Above 0.5538, look for 0.5637 and 0.5696.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under its 20 period moving average (0.5479) but above its 50 period moving average (0.5450).

Supports and resistances

0.5696 **

0.5637 *

0.5538 **

0.5499

0.5454 last

0.5335

0.5276 **

0.5217 *

0.5158 **

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