XRP / Dollar may rise to 0.5649 - 0.5707

Our pivot point is at 0.5447.

Our preference

As long as 0.5447 is support look for 0.5707.

Alternative scenario

Below 0.5447, expect 0.5349 and 0.5291.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.5520 and 0.5490).

Supports and resistances

0.5823 **

0.5765 *

0.5707 **

0.5649

0.5528 last

0.5485

0.5447 **

0.5349 *

0.5291 **

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