Home Ripple Price Prediction: XRP/USD bulls must break game changing barrier $0.3700-0.3800 – Confluence Detector
Crypto News

Ripple Price Prediction: XRP/USD bulls must break game changing barrier $0.3700-0.3800 – Confluence Detector

  • Ripple’s XRP price late in the session on Monday, is trading with losses of some 2.20%.
  • XRP/USD is moving within a bullish flag pattern formation observed via the 4-hour chart view.

Ripple’s XRP price on Mondy in the latter part of the session is trading in negative territory, down some 2.2%.  XRP/USD bulls have cooled somewhat after a strong run of recent gains seen across the market.

XRP/USD is moving within a bullish flag structure observed via the 4-hour chart view, subject to a potential further breakout to the upside. Some minor cooling observed for now, as the buyers run somewhat exhausted. In terms of barriers, a chunky one is observed from $0.3700 to 0.3800 price range.

Looking via the daily confluence detector, firstly the barriers of resistance; $0.3623 daily 38.2% Fibonacci. $0.3660, weekly 23.6% Fibonacci. To the downside; $0.3474, monthly pivot point support, $0.3400 weekly pivot point support.  

XRP/USD daily confluence

 

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.