# Crypto Technicals: XRP/USD extends weakness for the 2nd straight session, slips below 55-EMA

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/3769
Published: 2019-10-11T09:28:01.000Z
Updated: 2019-10-11T09:28:01.000Z
Section: Investing

> Support: 0.2632 (21-EMA); Resistance: 0.2826 (cloud top)

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

Exchange - Kraken

Support: 0.2632 (21-EMA); Resistance: 0.2826 (cloud top)

Technical Analysis: Bias Neutral

XRP/USD was trading weaker for the second straight session, bias is neutral to slightly bearish.

The pair was trading at 0.2671, down 1.46% at the time of writing (07:30 GMT).

Upside failed to break out of daily cloud, stiff resistance at cloud top at 0.2826.

Price action has slipped below 55-EMA at 0.2716, finds next major support at 21-EMA at 0.2632.

Break below 21-EMA will likely plummet prices. Scope for test of 0.2335 (Aug 14th low).

5-DMA (0.2748) caps upside on the day, bearish invalidation only above daily cloud.

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## Links in this article

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