XRP / Dollar may rise to 0.5477 - 0.5530
Our pivot point stands at 0.5293.
Our preference
As long as 0.5293 is support look for 0.5530.
Alternative scenario
Below 0.5293, expect 0.5205 and 0.5152.
Comment
The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (0.5365) but above its 50 period moving average (0.5305).
Supports and resistances
0.5635 **
0.5583 *
0.5530 **
0.5477
0.5363 last
0.5328
0.5293 **
0.5205 *
0.5152 **
