On the hourly chart, XRP coin is seen accumulating in the price range of $0.200 to $0.1919, with a strong resistance built at $0.200. In order to break the flattish momentum, there must be a tenacious trade above $0.200, which will also lead to steady support from 50-day MA on the hourly chart. The price trend of XRP/USD is hitting above the 20-day upper Bollinger Band, which is likely to draw a bullish divergence by the end of the trading session today. The bearish candlestick aversion will lead XRP to be an intraday gainer.
The MACD of Ripple currency holds no movement and has turned flat due to intraday lack of traction, while the RSI shows no trading extremities as there has been no steep rise or fall at 56.02, at the time of writing.
The major resistance to look out for lies at $0.200, while the major support is $0.190, followed by $0.185 to have a bullish enclosure of the month.
