XRP / Dollar ST: as long as 2.0163 is support look for 3.1595

Our pivot point stands at 2.0163.

Our preference: as long as 2.0163 is support look for 3.1595.

Alternative scenario: the downside breakout of 2.0163 would call for 1.6068 and 1.3630.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2.3326 and 2.1949).

Supports and resistances:

3.6614 **

3.4105 *

3.1595 **

2.9086

2.3517 last

2.1771

2.0163 **