XRP may rise to 0.6571 - 0.6642

Our pivot point is at 0.6325.

Our preference

As long as 0.6325 is support look for 0.6642.

Alternative scenario

The downside breakout of 0.6325 would call for 0.6204 and 0.6132.

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 above its 20 and 50 period moving average (respectively at 0.6418 and 0.6364).

Supports and resistances

0.6786 **

0.6714 *

0.6642 **

0.6571

0.6427 last

0.6372

0.6325 **

0.6204 *

0.6132 **

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