Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Crypto Technicals: XRP/USD breaks strong support at 0.3035, further weakness on charts

XRP/USD chart - Trading View 

Exchange - Bitfinex

Support: 0.2853 (double bottom Dec 15, Jan 29); Resistance: 0.3125 (cloud base)

Technical Analysis: Bias Bearish

- XRP/USD has broken below strong trendline support at 0.3035

- Price action has dipped below daily cloud, bias lower

- Stochs and RSI sharply lower and converge with price

- Momnetum with the bears, volatility is expanding, 5-DMA sharply lower

- Scope for weakness till 0.2853 (double bottom Dec 15, Jan 29)

- Immediate resistance lies at 0.3125 (cloud base). Break above 5-DMA could see further upside

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

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 819651819651m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 819651819651m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 831471831471m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 819651819651m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 831471831471m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 819651819651m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 819651819651m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 819651819651m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.