XRP / Dollar may rise to 0.5561 - 0.5618

Our pivot point stands at 0.5369.

Our preference

The upside prevails as long as 0.5369 is support.

Alternative scenario

Below 0.5369, expect 0.5273 and 0.5216.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5421 and 0.5418).

Supports and resistances

0.5733 **

0.5676 *

0.5618 **

0.5561

0.5445 last

0.5407

0.5369 **

0.5273 *

0.5216 **

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