XRP/USD chart - Trading View
Exchange - Kraken
Support: 0.2664 (Daily cloud base); Resistance: 0.2753 (100-DMA)
Technical Analysis: Bias Bearish
XRP/USD consolidates below 100-DMA, bias remains bearish.
The pair was trading marginally higher at 0.2736 at 05:45 GMT after closing 0.89% lower in the previous session.
Price action has held cloud base support at 0.2664, break below will see drag lower.
Minor recovery attempts capped at 5-DMA (0.2757). Break above could see gains till 55-EMA at 0.2834.
Technical bias for the pair is bearish. GMMA shows near-term bias has shifted to bearish. Scope for further downside.
RSI has slipped below 50 mark and stochs show bearish momentum. MACD and ADX also support weakness.
Volatility is also rising. Break below daily cloud support will see dip till 0.2472 (Oct 23 low).


FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Crypto levels and bias summary 



