Ripple Price Analysis: XRP extends 200-day SMA break towards two-week-old support line
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Failures to keep upside break of 200-day SMA drags XRP/USD towards revisiting a short-term support line. That said, the quote drops to 0.2820 during e

  • XRP/USD prints three-day losing streak despite staying above short-term support line.
  • Bullish RSI, MACD can help restrict short-term downside around key support.
  • XRP/USD prints three-day losing streak despite staying above short-term support line.
  • XRP/USD prints three-day losing streak despite staying above short-term support line.
  • Bullish RSI, MACD can help restrict short-term downside around key support.
  • Bullish RSI, MACD can help restrict short-term downside around key support.

    Failures to keep upside break of 200-day SMA drags XRP/USD towards revisiting a short-term support line. That said, the quote drops to 0.2820 during early Tuesday.

    Considering ripple’s pullback from a downward slopping trend line since December 25, coupled with the recent drop below 200-day SMA, XRP/USD traders can revisit a short-term support line, at 0.2580.

    However, any further losses will be challenged by bullish MACD and almost upbeat RSI conditions.

    In a case where the XRP/USD sellers break the 0.2580 support line, the 0.2000 psychological magnet and the late-2020 low near 0.1720 may gain the market’s attention.

    Alternatively, 200-day SMA and the stated resistance line, respectively around 0.3000 and 0.3685, will guard the pair’s immediate recovery moves.

    Should the XRp/USD buyers manage to conquer 0.3685, a descending resistance line from November 24, at 0.5130 now, will be in the spotlight.

    XRP/USD daily chart

    Trend: Further weakness expected

    Additional important levels

    Overview
    Today last price 0.283
    Today Daily Change -0.0047
    Today Daily Change % -1.63%
    Today daily open 0.2877
     
    Trends
    Daily SMA20 0.2681
    Daily SMA50 0.4522
    Daily SMA100 0.3579
    Daily SMA200 0.3002
     
    Levels
    Previous Daily High 0.316
    Previous Daily Low 0.2526
    Previous Weekly High 0.3703
    Previous Weekly Low 0.2152
    Previous Monthly High 0.6817
    Previous Monthly Low 0.1719
    Daily Fibonacci 38.2% 0.2768
    Daily Fibonacci 61.8% 0.2918
    Daily Pivot Point S1 0.2549
    Daily Pivot Point S2 0.2221
    Daily Pivot Point S3 0.1915
    Daily Pivot Point R1 0.3183
    Daily Pivot Point R2 0.3489
    Daily Pivot Point R3 0.3817

     

    Additional important levels

    Overview
    Today last price 0.283
    Today Daily Change -0.0047
    Today Daily Change % -1.63%
    Today daily open 0.2877
     
    Trends
    Daily SMA20 0.2681
    Daily SMA50 0.4522
    Daily SMA100 0.3579
    Daily SMA200 0.3002
     
    Levels
    Previous Daily High 0.316
    Previous Daily Low 0.2526
    Previous Weekly High 0.3703
    Previous Weekly Low 0.2152
    Previous Monthly High 0.6817
    Previous Monthly Low 0.1719
    Daily Fibonacci 38.2% 0.2768
    Daily Fibonacci 61.8% 0.2918
    Daily Pivot Point S1 0.2549
    Daily Pivot Point S2 0.2221
    Daily Pivot Point S3 0.1915
    Daily Pivot Point R1 0.3183
    Daily Pivot Point R2 0.3489
    Daily Pivot Point R3 0.3817

    Additional important levels

    Overview
    Today last price 0.283
    Today Daily Change -0.0047
    Today Daily Change % -1.63%
    Today daily open 0.2877
     
    Trends
    Daily SMA20 0.2681
    Daily SMA50 0.4522
    Daily SMA100 0.3579
    Daily SMA200 0.3002
     
    Levels
    Previous Daily High 0.316
    Previous Daily Low 0.2526
    Previous Weekly High 0.3703
    Previous Weekly Low 0.2152
    Previous Monthly High 0.6817
    Previous Monthly Low 0.1719
    Daily Fibonacci 38.2% 0.2768
    Daily Fibonacci 61.8% 0.2918
    Daily Pivot Point S1 0.2549
    Daily Pivot Point S2 0.2221
    Daily Pivot Point S3 0.1915
    Daily Pivot Point R1 0.3183
    Daily Pivot Point R2 0.3489
    Daily Pivot Point R3 0.3817

    Additional important levels

    Overview
    Today last price 0.283
    Today Daily Change -0.0047
    Today Daily Change % -1.63%
    Today daily open 0.2877
     
    Trends
    Daily SMA20 0.2681
    Daily SMA50 0.4522
    Daily SMA100 0.3579
    Daily SMA200 0.3002
     
    Overview
    Today last price 0.283
    Today Daily Change -0.0047
    Today Daily Change % -1.63%
    Today daily open 0.2877
    Overview Overview Overview Today last price 0.283 Today Daily Change -0.0047 Today Daily Change % -1.63% Today daily open 0.2877 Today last price 0.283 Today last price0.2830.283 Today Daily Change -0.0047 Today Daily Change-0.0047-0.0047 Today Daily Change % -1.63% Today Daily Change %-1.63%-1.63% Today daily open 0.2877 Today daily open0.28770.2877
     
    Trends
    Daily SMA20 0.2681
    Daily SMA50 0.4522
    Daily SMA100 0.3579
    Daily SMA200 0.3002
    Trends Trends Trends Daily SMA20 0.2681 Daily SMA50 0.4522 Daily SMA100 0.3579 Daily SMA200 0.3002 Daily SMA20 0.2681 Daily SMA200.26810.2681 Daily SMA50 0.4522 Daily SMA500.45220.4522 Daily SMA100 0.3579 Daily SMA1000.35790.3579 Daily SMA200 0.3002 Daily SMA2000.30020.3002
     
    Levels
    Previous Daily High 0.316
    Previous Daily Low 0.2526
    Previous Weekly High 0.3703
    Previous Weekly Low 0.2152
    Previous Monthly High 0.6817
    Previous Monthly Low 0.1719
    Daily Fibonacci 38.2% 0.2768
    Daily Fibonacci 61.8% 0.2918
    Daily Pivot Point S1 0.2549
    Daily Pivot Point S2 0.2221
    Daily Pivot Point S3 0.1915
    Daily Pivot Point R1 0.3183
    Daily Pivot Point R2 0.3489
    Daily Pivot Point R3 0.3817
    Levels
    Previous Daily High 0.316
    Previous Daily Low 0.2526
    Previous Weekly High 0.3703
    Previous Weekly Low 0.2152
    Previous Monthly High 0.6817
    Previous Monthly Low 0.1719
    Daily Fibonacci 38.2% 0.2768
    Daily Fibonacci 61.8% 0.2918
    Daily Pivot Point S1 0.2549
    Daily Pivot Point S2 0.2221
    Daily Pivot Point S3 0.1915
    Daily Pivot Point R1 0.3183
    Daily Pivot Point R2 0.3489
    Daily Pivot Point R3 0.3817
    Levels Levels Levels Previous Daily High 0.316 Previous Daily Low 0.2526 Previous Weekly High 0.3703 Previous Weekly Low 0.2152 Previous Monthly High 0.6817 Previous Monthly Low 0.1719 Daily Fibonacci 38.2% 0.2768 Daily Fibonacci 61.8% 0.2918 Daily Pivot Point S1 0.2549 Daily Pivot Point S2 0.2221 Daily Pivot Point S3 0.1915 Daily Pivot Point R1 0.3183 Daily Pivot Point R2 0.3489 Daily Pivot Point R3 0.3817 Previous Daily High 0.316 Previous Daily High0.3160.316 Previous Daily Low 0.2526 Previous Daily Low0.25260.2526 Previous Weekly High 0.3703 Previous Weekly High0.37030.3703 Previous Weekly Low 0.2152 Previous Weekly Low0.21520.2152 Previous Monthly High 0.6817 Previous Monthly High0.68170.6817 Previous Monthly Low 0.1719 Previous Monthly Low0.17190.1719 Daily Fibonacci 38.2% 0.2768 Daily Fibonacci 38.2%0.27680.2768 Daily Fibonacci 61.8% 0.2918 Daily Fibonacci 61.8%0.29180.2918 Daily Pivot Point S1 0.2549 Daily Pivot Point S10.25490.2549 Daily Pivot Point S2 0.2221 Daily Pivot Point S20.22210.2221 Daily Pivot Point S3 0.1915 Daily Pivot Point S30.19150.1915 Daily Pivot Point R1 0.3183 Daily Pivot Point R10.31830.3183 Daily Pivot Point R2 0.3489 Daily Pivot Point R20.34890.3489 Daily Pivot Point R3 0.3817 Daily Pivot Point R30.38170.3817

     

     

    From: FXSTREET