19-20 April Ripple Technical Prediction - XRPUSD Forecast


Ripple price trending higher & broke the daily strong resistance level near US$ 0.75. The XRPUSD pair surged more than 8% in the last 24-hours with the hawkish rise in trading volume. Here is the 19-20 April Ripple Technical Prediction.

19 April, AtoZMarkets – The Ripple or XRPUSD pair is trading above the US$ 0.75 handle surged more than 8%. Also, the entire crypto-market is showing a bullish trend. Moreover, the Ethereum and Bitcoin Cash also surged more than 7% with high volume and substantial rise in the market cap. In the last 1 Week, the Ripple price has hiked by $ 0.1713 (29.96%) with a total volume of over $ 551.70 Million. The price reached the weekly highs at US$ 0.7522 today. Will the Ripple price reach the $0.80 mark in coming days?

19-20 April Ripple Technical Prediction

According to the charts, a Three Outside Up candlestick pattern has emerged with high reliability in the 1W timeframe. This pattern is a more reliable addition to the standard Engulfing pattern. A bullish Engulfing pattern occurs in the first two candles. The third candlestick is confirmation of the bullish trend reversal.

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The 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. The XRPUSD pair might make a bullish move in the short-term as the gap between the moving average narrowed. The pair also successfully cleared the daily strong resistance level and consolidating near the US$ 0.74 handle and thus formed a new intraday high. I expect, the price to reach $0.80- 0.82 level by the end of this week.

  • The relative strength index(14) value is above 50 in daily timeframe signals – “Buy.” 
  • The STOCHRSI(14) value is near 100 – “Overbought” in daily timeframe.
  • Moreover, according to ATR(14), the XRPUSD pair is Highly volatile.
  • The Ripple has significant daily support near US$ 0.66 level and resistance near US$ 0.75 level.

XRPUSD Daily Pivot Points

Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 0.59118 0.62174 0.66797 0.69853 0.74476 0.77532 0.82155
Fibonacci 0.62174 0.65108 0.6692 0.69853 0.72786 0.74598 0.77532
Camarilla 0.69308 0.70012 0.70716 0.69853 0.72123 0.72827 0.73531
Woodie's 0.599 0.62565 0.67579 0.70244 0.75258 0.77923 0.82937

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