$XRP may fall 0.09 -0.13 USD
Our preference:
The downside prevails as long as 3.0446 is resistance.
3.15320 Resistance...
3.11270 Resistance..
3.04460 Resistance.
2.98960 Last
3.04460 Pivot
2.90320 Support.
2.86270 Support..
2.82230 Support...
Comment:
The RSI is trading below 30. This could mean that either the price is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3.0435 and 3.0991).
Alternative scenario:
The upside breakout of 3.0446, would call for 3.1127 and 3.1532.
