XRP/USD chart - Trading View
Exchange - Kraken
Support: 0.2820 (Trendline); Resistance: 0.3202 (21-EMA)
Technical Analysis: Bias Bearish
XRP/USD is extending weakness below 5-DMA, scope for further downside.
The pair has resumed weakness after 'Doji' formation on previous days' candle.
Price was down 1.06% at 0.3076 at 07:00 GMT, 'Inverted Hammer' at 21-EMA resistance to plummet prices further.
Price action below major moving averages and daily cloud, 5-DMA is also showing a slight turn lower.
RSI is below 50. Stochs are biased lower and GMMA shows major trend has shifted to bearish.
Stochastics RSI shows rollover into neutral. Volatility rising on the intraday charts.
Scope for prices to fall. Next major support lies at trendline at 0.2820.
21-EMA is major resistance at 0.3202. Break above 200-DMA (0.3429) could negate near-term bearishness.


FxWirePro- Major Crypto levels and bias summary
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High 



