XRP / Dollar may rise to 0.5862 - 0.5922
Our pivot point stands at 0.5601.
Our preference
The upside prevails as long as 0.5601 is support.
Alternative scenario
Below 0.5601, expect 0.5502 and 0.5443.
Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.5653 and 0.5667).
Supports and resistances
0.6041 **
0.5981 *
0.5922 **
0.5862
0.5717 last
0.5640
0.5601 **
0.5502 *
0.5443 **
