$XRP
Key point
1.3981
Trading Strategy
the downside prevails as long as 1.3981 is resistance.
Alternative scenario
the upside breakout of 1.3981, would call for 1.4172 and 1.4285.
Comment
the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative.
Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.3877 and 1.4038).
Supports and resistances
1.4285
1.4172
1.3981
1.38080 last
1.3571
1.3458
1.3344