# Crypto Technicals: XRP/USD grinds lower, hidden divergence to plummet prices

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/3400
Published: 2019-09-12T04:58:07.000Z
Updated: 2019-09-12T04:58:07.000Z
Section: Investing

> Support: 0.2335 (Aug lows); Resistance: 0.2627 (21-EMA)

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

Exchange - Kraken

Support: 0.2335 (Aug lows); Resistance: 0.2627 (21-EMA)

Technical Analysis: Bias Bearish

XRP/USD is extending gradual grind lower, bias is still bearish.

Major and minor trend remain bearish as suggested by the GMMA indicator.

Minor recovery attempts capped at 21-EMA which is stiff resistance at 0.2627.

'Death Cross' and 'Hidden bearish divergence' to plummet prices further.

Scope for retest of August 2019 lows at 0.2335. Further weakness eyes 0.2050 (Dec 2017 low).

Volatility is low. Breakout at 21-EMA will see minor upside. Retrace above 200-DMA (0.3363) negates bearish bias.

[TokenPost](<https://www.tokenpost.com/>) | info@tokenpost.com



## Links in this article

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