XRP/USD chart - Trading View
Exchange - Kraken
Support: 0.2058 (Sept 24th low); Resistance: 0.2472 (5-DMA)
Technical Analysis: Bias Bearish
XRP/USD is extending weakness with upside remaining capped below 5-DMA.
The pair was trading 2.07% lower on the day at 0.2380 at 06:50 GMT, bias strongly bearish.
Bears grip remains intact, more pain likely. No major signs of reversal seen for now.
The pair is on track to close in the red for the 4th straight week, hits new 8-week lows.
Bollinger bands are shrinking on the weekly charts. Price could pause at the lower Bollinger curve at 0.30.
Momentum studies are bearish, price action is below daily cloud and major moving averages
RSI is well below 50 mark and biased lower, MACD and ADX support weakness. Break below lower BB opens downside till 0.2055 (Sept 24 low).
5-DMA is immediate resistance at 0.2472. Bearish invalidation likely above 21W EMA at 0.2897.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ JPY remains bullish above 38.2%fib support
FxWirePro: GBP/AUD drifts lower, could be on verge of bigger drop
FxWirePro: NZD/USD eases slightly but bias is bullish
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: USD/CNY dips as Yuan firms on Q1 growth surprise
FxWirePro: EUR/ NZD holds narrow range, focus on near-term support
Bitcoin's Geopolitical Tightrope: BTC/USD Eyes $80,000 Milestone Amid Ceasefire Hopes
Ethereum Eyes the $3,000 Milestone: ETH Bulls Shatter Key Resistance Following Bitcoin’s Lead
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Bitcoin Shatters Records on Geopolitical Calm: BTC Targets $80,000 Amid Institutional Surge
FxWirePro: GBP/USD remains buoyant, looks to extend gains 



