Our pivot point is at 2.6355.
Our preference: the upside prevails as long as 2.6355 is support.
Alternative scenario: below 2.6355, expect 2.5535 and 2.5046.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2.6679 and 2.6797). Finally, the XRP / Dollar has crossed above its upper Bollinger band (2.6972).
Supports and resistances:
2.9444 **
2.8955 *
2.8467 **
2.7978
2.7000 last
2.6678
2.6355 **
2.5535 *
2.5046 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-21-2025 at 15:03 UTC+1
Price reference: 2.7000 last known on 02-21-2025 at 15:03 UTC+1
Investment horizon: INTRADAY
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