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XRP / Dollar may fall to 0.5159 - 0.5210
Our pivot point is at 0.5388.
Our preference
Target 0.5159.
Alternative scenario
The upside breakout of 0.5388, would call for 0.5474 and 0.5525.
Comment
The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (0.5317) but above its 50 period moving average (0.5304).
Supports and resistances
0.5525 **
0.5474 *
0.5388 **
0.5355
0.5313 last
0.5210
0.5159 **
0.5108 *
0.5057 **
#xrp