This XRPUSD analysis reviews the cryptocurrency from technical aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the Bitcoin price changes.
XRPUSD Technical Analysis
FenzoFx—XRP (Ripple) was rejected by the previous week’s high, which stands tall at $2.34. As of this writing, XRP trades at approximately $2.22, testing this level as support.
The bullish outlook remains intact as long as the price is above the 50-SMA or the $2.16 critical support. If this level holds, the uptrend will likely resume. In this scenario, the $2.34 level will likely be targeted again.
Please note that the bullish outlook should be invalidated if XRP/USD closes and stabilizes below $2.16. If this scenario unfolds, the bearish wave from $2.34 could extend to $2.07.
XRPUSD Analysis & Live Chart
XRPUSD Trends Through Technical Indicators
The widget below calculates XRP/USD market trends using multiple indicators, such as moving averages and oscillators. It allows you to review market trends across various time frames easily.
The larger the timeframe, the more accurate the signals tend to be. Integrating this widget into your strategy and considering our fundamental news can help you make well-informed decisions.
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