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

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/3099
Published: 2019-08-20T11:24:05.000Z
Updated: 2019-08-20T11:24:05.000Z
Section: Investing

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

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

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## Links in this article

- [XRP/USD](https://www.tradingview.com/symbols/XRPUSD/)
- [TokenPost](https://www.tokenpost.com)