XRPUSD has left the day's lows at the $0.397 price level, losing support at $0.413. At the time, XRP is trying to regain this strategic level. The 2nd level of support is at $0.366. The 3rd support level is at $0.345.
Above the current price, the 1st resistance is at $0.413. The 2nd resistance is at $0.429. From there, the XRPUSD could attack the zone between $0.44 and $0.46, where a price congestion resistance and the uptrend line from annual lows converge. Recovering it would be boost confidence in the long term.
The MACD at 240 Minutes perfectly illustrates the rejection of the bullish cross. The lines continue to cross downwards, and there should be a second attempt that statistically would have a better chance of success.
Above the current price, the 1st resistance is at $0.413. The 2nd resistance is at $0.429. From there, the XRPUSD could attack the zone between $0.44 and $0.46, where a price congestion resistance and the uptrend line from annual lows converge. Recovering it would be boost confidence in the long term.
The MACD at 240 Minutes perfectly illustrates the rejection of the bullish cross. The lines continue to cross downwards, and there should be a second attempt that statistically would have a better chance of success.