Crypto Technicals: Ripple pullback fails to breach 200-DMA support, 38.2% Fib at 0.4759 in sight

XRP/USD chart - Trading View

Exchange - Binance

Support: 0.3470 (200-DMA); Resistance: 0.4759 (38.2% Fib)

Technical Analysis: Bias Slightly bullish

XRP/USD pullback holds above 200-DMA support, bias remains bullish.

5-DMA has turned and RSI and Stochs are biased higher.

Price action is above cloud and major moving averages.

A potential 'Golden Cross' (50-DMA bullish crossover on 200-DMA) adds to the bullish bias.

GMMA has shown a shift in trend, scope for further upside.

Bulls eye 38.2% Fib retracement at 0.4759. Bullish invalidation below 200-DMA.

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