• Days
  • Hours
  • Mins
  • Secs
  • Wed, 18 Sep 2019, 07:41 AM
  • All times are UTC
  • Edition:
    International
Copy link
Increase text size
Decrease text size
Link copied

Crypto Technicals: XRP/USD fails at 21-EMA, resumes weakness with 'Doji' formation

Tue, 20 Aug 2019, 11:24 am UTC

XRP/USD chart - Trading View

Exchange - Kraken

Support: 0.2335 (Aug 14 low); Resistance: 0.2925 (21-EMA)

Technical Analysis: Bias Bearish

XRP/USD is trading 3.4% lower on the day at 0.2727 at 11:10 GMT.

The pair has failed to break above 21-EMA resistance and is extending downside.

Formation of 'Doji' on the previous session's candle dents upside in the pair.

Price action has slipped below 200H SMA and 5-DMA, scope for further downside.

'Death Cross' (Bearish 50-DMA crossover on 200-DMA) keeps bias lower.

Scope for retest of 0.2335 (Aug 14 low). Breakout at 21-EMA required for meaningful upside.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $10,254.60 (+0.03%)
  • Ethereum (ETH) $214.55 (+7.89%)
  • XRP (XRP) $0.305500 (+15.74%)
  • Bitcoin Cash (BCH) $325.42 (+5.35%)
  • Litecoin (LTC) $75.91 (+3.89%)
  • Bitcoin (BTC) $10,254.60 (+0.03%)
Sep 18, 2019 (Wednesday)
04:56
Crypto exchange Binance.US to not launch in 13 U.S. states
04:29
VanEck, SolidX pull out bitcoin ETF proposal from SEC
04:19
Crypto Technicals: XRP/USD cools slightly from 6-week highs at 0.3129, finds stiff resistance at 21W EMA (0.3186)
04:19
AssetBlock launches new property trading platform tokenizing $60M of real estate on Algorand's blockchain
03:42
'Big Four' auditing firm Deloitte lets employees pay canteen food in bitcoin in a trial run
03:37
Former CFTC chairman 'crypto dad' J. Christopher Giancarlo joins Chamber of Digital Commerce's advisory board
03:32
Coinbase Vice President Dorothy DeWitt to lead CFTC market oversight
03:29
Japan's LINE launches crypto exchange platform Bitmax
03:19
Crypto Technicals: ETH/USD breaks above 200-DMA, hits 5-week high at 215.00
Sep 17, 2019 (Tuesday)
14:34
Wells Fargo to pilot internal blockchain-based digital currency for payments
12:57
Marsh, Arch Insurance (UK) Limited launch insurance solution for digital assets ‘Blue Vault’
12:18
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
12:17
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:45
Crypto exchange Binance backs Chinese crypto news portal Mars Finance
10:55
Crypto Technicals: XMR/USD rejected at 200-DMA, scope for resumption of weakness
10:18
Hedera Hashgraph blockchain goes live with 26 dapps
08:38
Crypto Technicals: Ethereum pauses shy of $200 mark, set to extend bullish momentum
07:38
Harbor tokenizes iCap Equity’s $100M real estate funds using ethereum blockchain
06:48
Crypto Technicals: BCH/USD fails to extends weakness below 200-DMA, retrace above will see upside resumption
06:02
Women in Leadership: Publicis Sapient hires Merril Lynch veteran Priya Bajoria as SVP Financial Services
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft