Crypto Technicals: XRP/USD halts 4 straight session's of gains, finds stiff resistance at 21-EMA
Mon, 09 Dec 2019, 11:14 am UTC
XRP/USD chart - Trading View
Exchange - Kraken
Support: 0.2218 (200H MA); Resistance: 0.2324 (21-EMA)
Technical Analysis: Bias Neutral
XRP/USD was trading 1.35% lower at 0.2266 at 10:15 GMT, after closing 0.77% higher in the previous session.
The pair has halted 4 straight session's of upside, finds stiff resistance at 21-EMA (0.2324).
Technical indicators are on verge of turning bearish. Upside capped at 21-EMA with 'Spinning Top' at highs.
RSI is now below 50 and biased lower. Stochs are on verge of rollback from near oversold levels.
The pair finds strong support at 200H MA (0.2218), break below will see dip till trendline support at 0.1975.
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