XRP/USD is currently trading for $0.265 in the early hours of Thursday. Relative strength index (RSI) indicator is trending around 36. XRP/USD has fallen from $0.266 to $0.265 in the early hours of Thursday. Over the last four days, the price of Ripple has fallen from $0.284 to $0.265. The hourly breakdown for Wednesday shows that the price fell from $0.274 to $0.26, where it found support and went up to $0.266. The 200-day simple moving average (SMA 200) has crossed over the SMA 50 curve, charting the bearish “death cross” pattern. Since the formation of the pattern, XRP/USD had a heavily bearish day (August 14), and then it consolidates for a bit before it has a bullish breakout on August 18. Since then, the price met resistance at the downward trending line and has been sinking since then. XRP/USD daily chart The market is trending below the SMA 200, SMA 50 and SMA 20 curves. The moving average convergence/divergence (MACD) indicator shows nine straight bearish sessions. The relative strength index (RSI) indicator has taken a drop and gone down to 36, right next to the oversold zone. 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. View All Post By FX Street Crypto News share Read Next Australian yield curve flattest since October 2010 FX Street 4 years XRP/USD is currently trading for $0.265 in the early hours of Thursday. Relative strength index (RSI) indicator is trending around 36. XRP/USD has fallen from $0.266 to $0.265 in the early hours of Thursday. Over the last four days, the price of Ripple has fallen from $0.284 to $0.265. The hourly breakdown for Wednesday shows that the price fell from $0.274 to $0.26, where it found support and went up to $0.266. The 200-day simple moving average (SMA 200) has crossed over the SMA 50 curve, charting the bearish "death cross" pattern. Since the formation of the pattern, XRP/USD had… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
