# Crypto Technicals: XRP/USD pauses at cloud top, break above eyes 100-DMA at 0.2924

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/3728
Published: 2019-10-09T06:40:38.000Z
Updated: 2019-10-09T06:40:38.000Z
Section: Investing

> Support: 0.2716 (55-EMA); Resistance: 0.2863 (cloud top)

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

Exchange - Kraken

Support: 0.2716 (55-EMA); Resistance: 0.2863 (cloud top)

Technical Analysis: Bias slightly bullish

XRP/USD is trading rangebound on the day at 0.2754 at 06:20 GMT, with session high at 0.2802 and low at 0.2735.

The pair is consolidating above 55-EMA which offers strong support at 0.2716. Retrace below negates near-term upside.

Technical indicators are biased higher, Stochs are sharply higher and RSI is above 50.

A bullish 5-DMA crossover on 20-DMA and 'Bullish Divergence' adds to the upside bias.

Breakout above cloud finds next major resistance at 100-DMA at 0.2924. Break above confirms further gains.

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## Links in this article

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