• Sun, 08 Dec 2019, 11:55 PM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: XRP/USD grinds lower along 200H SMA, break below 5-DMA to see further weakness

Fri, 19 Jul 2019, 11:13 am UTC

XRP/USD chart - Trading View

Exchange - Bitstamp

Support: 0.3107 (5-DMA); Resistance: 0.3203 (200H SMA)

Technical Analysis: Bias Bearish

XRP/USD has paused recovery, trades 1.97% lower at 0.3144 at 10:45 GMT.

Upside in the pair has been capped at 200H SMA which is offering stiff resistance.

There is also slight divergence on RSI and Stochs on the hourly charts which raises scope for weakness.

5-DMA is immediate support at 0.3107. Break below could see weakness till lower Bollinger Band at 0.2805.

Breakout at 200H SMA will see upside till 200-DMA at 0.3451. Bearish invalidation only above 200-DMA.

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $7,569.73 (+0.09%)
  • Ethereum (ETH) $151.44 (+1.62%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $214.95 (+1.01%)
  • Litecoin (LTC) $45.96 (+0.79%)
  • Bitcoin (BTC) $7,569.73 (+0.09%)
Dec 8, 2019 (Sunday)
10:32
Investment group acquires green light from the SEC for Bitcoin Futures fund
10:16
SEC taps British court to acquire deposition from former Telegram chief investment advisor
Dec 6, 2019 (Friday)
13:25
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
13:24
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:19
Crypto Technicals: LTC/USD extends sideways, finds strong support at 42.45 (Trendline)
11:18
South Korean consortium to provide blockchain-based ID services via mobile app in 2020
10:31
Crypto Technicals: BCH/USD intraday bias turns slightly bullish, scope for test of 20-DMA (220.99)
10:00
Bitfury launches enterprise blockchain platform ‘Exonum Enterprise’
08:44
CULedger reveals an EFT payment solution for credit unions in collaboration with R3, Luxoft
07:37
Reserve Bank of India governor against the development of private digital currencies
07:34
Ripple asks court to dismiss XRP securities lawsuit in latest filing ahead of court meeting
07:30
Crypto Technicals: ETH/USD struggles to extend recovery, finds stiff resistance at 200H MA at 149.77
05:47
Blockchain firm Figure Technologies hits $1.2B valuation after closing $103M Series C round
05:03
Blockchain firm ChromaWay acquires Antler Interactive after setting up its gaming arm Chroma Studios
04:42
Galaxy Digital-backed Flipside Crypto hires Accenture Managing Director Matt Bridges as COO
04:23
Crypto Technicals: BTC/USD rangebound in the Asian session, struggles at 200H MA
03:56
Canadian mining firm goes belly up; Owes local, federal government hundreds of thousands
03:54
New crypto derivatives trading platform Phemex can manage 300,000 TPS, says core developer
03:51
Microsoft creates blockchain-based incentive scheme with Enjin to recognize active members of Azure community
Dec 5, 2019 (Thursday)
13:09
Dunamu’s crypto subsidiary DXM partners with Ledger to launch custody service for institutional clients
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft