XRP / Dollar may rise to 0.4982 - 0.5024

Our pivot point stands at 0.4839.

Our preference

Rebound towards 0.5024.

Alternative scenario

Below 0.4839, expect 0.4768 and 0.4725.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.4900 and 0.4934).

Supports and resistances

0.5109 **

0.5067 *

0.5024 **

0.4982

0.4896 last

0.4868

0.4839 **

0.4768 *

0.4725 **

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