# Crypto Technicals: Ripple pullback fails to breach 200-DMA support, 38.2% Fib at 0.4759 in sight

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/1997
Published: 2019-05-27T12:53:01.000Z
Updated: 2019-05-27T12:53:01.000Z
Section: Investing

> Support: 0.3470 (200-DMA); Resistance: 0.4759 (38.2% Fib)

[XRP/USD](<https://www.tradingview.com/symbols/XRPUSD/>) chart - Trading View

Exchange - Binance

Support: 0.3470 (200-DMA); Resistance: 0.4759 (38.2% Fib)

Technical Analysis: Bias Slightly bullish

XRP/USD pullback holds above 200-DMA support, bias remains bullish.

5-DMA has turned and RSI and Stochs are biased higher.

Price action is above cloud and major moving averages.

A potential 'Golden Cross' (50-DMA bullish crossover on 200-DMA) adds to the bullish bias.

GMMA has shown a shift in trend, scope for further upside.

Bulls eye 38.2% Fib retracement at 0.4759. Bullish invalidation below 200-DMA.

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).

## Links in this article

- [XRP/USD](https://www.tradingview.com/symbols/XRPUSD/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)