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XRP/USD price improves by 10% on the back of Coinbase Pro listing

FX Street
Published date:
  • XRP/USD bulls pulled the price up by 10% from $0.30 to $0.33.
  • Coinbase Pro announced that they are listing XRP this Monday.

As reported by FX Street, Coinbase Pro announced this Monday that they will be listing XRP. Coinbase tweeted:

“When XRP?? Now! XRP/USD, XRP/EUR, and XRP/BTC order books will soon enter transfer-only mode, accepting inbound transfers of XRP in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours.”

On the back of this news, the bulls have pulled the price up by 10% from $0.30 to $0.33.

XRP/USD daily chart

XRP/USD buyers found support at $0.30 and will be looking to test the $0.34 resistance again. The moving average convergence/divergence (MACD) histogram shows an overall bullish momentum, however, it seems to be decreasing. The relative strength index (RSI) curve shows a spike towards the overbought territory. The 20-day simple moving average (SMA 20) curve is about to crossover the SMA 50 curve which indicates a buy signal.
 

FX Street

FX Street

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