The price of the XRP began a fresh increase above the resistance of $ 1.850. The price is currently consolidated and should cure above $ 2.00 for more profit.
- The price of the XRP began a new increase above levels of $ 1.850 US and $ 1.950.
- The price is now traded above $ 1.90 and a 100-hour simple sliding average.
- There was a break higher than the bearish trend connecting line with a resistance of $ 1.8650 in the hourly diagram of the XRP/USD pair (source source from Kraken).
- The couple can increase profits if there is a closure above the resistance zone $ 2.00.
XRP The price of the eyes is greater than the benefits
The price of the XRP managed to remain above the support zone in the amount of $ 1.750, and a new increase, for example, Bitcoin and Ethereum, began. The price has risen above the stability level of $ 1.850 $ and $ 1.880.
There was a break over the connecting line of the bear trend with a resistance at 1.8650 dollars. On the hourly diagram of the XRP/USD pair. The couple jumped above the levels of $ 1.950 and $ 2.00. The high was formed at $ 2.089, and the price now corrects profit.
There was a step below the level of $ 2.050. The price decreased below the level of FIB recovery 23.6% at the age of sharing in the amount of $ 1.7210 to the maximum of $ 2.0896.
The price is now traded above $ 1.950 and a 100-hour simple sliding average. On the other hand, the price may encounter a resistance of about $ 2.00. The first major resistance is located next to the level of $ 2.050. The next resistance is $ 2.0880.
A clear move above the resistance of $ 2.0880 can send a price of a resistance of $ 2.120. Any benefits can send a price of $ 2.5 or even $ 2.20 in the near future. The next major obstacle for bulls can be $ 2.320.
DIPS LIMITED?
If the XRP cannot clean the resistance zone in the amount of $ 2.00, this may start another decrease. Initial support for a deficiency is at about $ 1.9750. The next basic support is about 1.90 US dollars, and the FIB 50% recovery level when moving at the age of $ 1.7210 to the maximum of $ 2.0896.
If there is a break in the reverse order and approximately lower than the level of $ 1.90, the price may continue to decline to the support of $ 1.850. The next major support is located next to the zone for $ 1.80.
Technical indicators
The hourly MACD – MACD for XRP/USD now loses the pace in the bull zone.
Honight RSI (relative force) – RSI for XRP/USD is now higher than level 50.
The main levels of support are $ 1.9750 US and $ 1.90.
The main levels of resistance are $ 2.00 and $ 2.0880.
