XRP / USD chunky barriers in way of $ 0.40 – Confluence Dectector

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  • Ripple's XRP holding gains of around 0.6% in the latter part of Tuesday.
  • There are some chunky barriers in the way of $ 0.4000 reclaim for the bulls.

Ripple's XRP was seen trading in positive territory, towards the latter part of Tuesday's session. The bulls further capitalizing after the strong run of gains observed on Monday, which saw double digit advances.

Looking to the upside, there is a strong barriers to note, ahead of the reclaim of $ 0.40. 1 week pivot point, $ 0.3400, 161.8% Fibonacci 1 week, $ 0.3505 and then finally a daily and weekly pivot point at $ 0.3550.

XRP / USD has not traded within the $ 0.4000 territory since the back-end of November. There is this area. This was back to the end of November, where the bulls faltered a recovery.

XRP / USD daily confluence detector

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