#XRPPredictions #Write2Earn
XRP / Dollar intraday: above its upper Bollinger band
Our preference: rebound.
Our pivot point stands at 2.0463.
Alternative scenario: the downside breakout of 2.0463 would call for 1.9805 and 1.9413.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (2.0825) but below its 50 period moving average (2.1055). Finally, the XRP / Dollar has crossed above its upper Bollinger band (2.0994).
Supports and resistances:
2.2973 **
2.2580 *
2.2188 **
2.1795
2.1000 last
2.0722
2.0463 **
1.9805 *
1.9413 **