XRPUSD is currently trading at the $0.4384 price level. Above the current price, the first resistance at $0.449 (bullish trend line). This type of crosses is challenging. If the XRPUSD manages to consolidate a close above, the second resistance in a range between $0.472 and $0.48 where the EMA50, the SMA100 and the trendline that governed the bullish movement from the year's lows converge. Exceeding this resistance level would bring the XRPUSD back to the previous scenario and the rise could be significant.
The 240-minute DMI shows a similar profile to the BTCUSD. Both bears and bulls remain at yesterday's levels. In the case of the XRP/USD the inclination of the bear´s line is slightly bearish and not as horizontal as in the BTCUSD.
The 240-minute DMI shows a similar profile to the BTCUSD. Both bears and bulls remain at yesterday's levels. In the case of the XRP/USD the inclination of the bear´s line is slightly bearish and not as horizontal as in the BTCUSD.