XRP/USD Daily Chart.
Source: TradingView. XRP-USD Short Term Price Prediction Looking ahead, if the bears break the rising trend line, the first assistance lies at $0.6. This is followed by $0.556(2019 highs), $0.5, and $ 0.478 (lower channel angle). & On the other side,
the very first resistance lies at $ 0.7 (near 20-day MA). This is followed by $ 0.72(200-day MA), $ 0.781(bearish.236 Fib Retracement), and $ 0.8282 (2020 high & 50-day MA). The RSI shows reducing bearish momentum as it rests above 40, however the purchasers are still failing to establish any momentum. Therefore, it would require to rise beyond 50 for a falling price channel breakout. XRP/BTC – – Bears Persist Beneath June Falling Trendline
Secret Support Levels: 1900 SAT, 1800 SAT, 1660 SAT.
Key Resistance Levels: 2000 SAT, 2120 SAT, 2250 SAT.
Versus BTC, XRP continues to stop working to break 2000 SAT. The resistance there is offered by the 20-day MA and a falling trendline developed at the start of June.
Because July, XRP traded sideways in a very narrow range in between 2000 SAT and 1900 SAT. It would need to break this range to determine the next instructions for the market.
< img loading="lazy" class="size-full wp-image-127663" src="https://cryptopotato.com/wp-content/uploads/2021/07/xrpbtc-jul7-min.png" alt="xrpbtc-jul7-min" width="2908" height="1882" srcset="https://cryptopotato.com/wp-content/uploads/2021/07/xrpbtc-jul7-min.png 2908w, https://cryptopotato.com/wp-content/uploads/2021/07/xrpbtc-jul7-min-300x194.png 300w, https://cryptopotato.com/wp-content/uploads/2021/07/xrpbtc-jul7-min-1024x663.png 1024w, https://cryptopotato.com/wp-content/uploads/2021/07/xrpbtc-jul7-min-768x497.png 768w, https://cryptopotato.com/wp-content/uploads/2021/07/xrpbtc-jul7-min-1536x994.png 1536w, https://cryptopotato.com/wp-content/uploads/2021/07/xrpbtc-jul7-min-2048x1325.png 2048w, https://cryptopotato.com/wp-content/uploads/2021/07/xrpbtc-jul7-min-50x32.png 50w" sizes =" (max-width: 2908px )100vw, 2908px"/ > XRP/BTC Daily Chart. Source: TradingView. XRP-BTC Short Term Price Prediction
Looking ahead, the first assistance to the disadvantage lies at 1900 SAT (Jul 2020 low). This is followed by 1800 SAT, 1660 SAT (disadvantage 1.618 Fib Extension & & 200-day MA), and 1550 SAT (November 2020 lows).
On the other side, the first resistance lies at 2000 SAT (20-day MA & & June falling trendline). This is followed by 2120 SAT (bearish.236 Fib), 2250 SAT (100-day MA), and 2425 SAT (bearish.382 Fib & & 50-day MA).
The RSI is flat at the 40 level, indicating weak bearish momentum. It would need to see an uptick before XRP can permeate 2000 SAT.