Ripple embraces intense support at $0.30 as the bulls glance north. Diminishing buying power lost momentum at the 100 SMA 1-hour leaving $0.3150 unconquered. Ripple bulls are glancing higher following an eventful weekend session. Ripple continuously formed a lower high pattern but intense support at $0.30 had the downside strongly protected. A brilliant move emanated from the support at $0.30. XRP/USD stepped above the 50 Simple Moving Average (SMA) 1-hour char. However, diminishing buying power lost momentum at the 100 SMA 1-hour leaving $0.3150 unconquered. At press time, Ripple teeters at $0.3096 following a subtle 0.63% decline on the day. The immediate downside is supported by the 50 SMA while the upside is capped at the longer-term 100 SMA. Technically, Ripple is poised for a thrust north but nothing sharp and rapid. The Moving Average Convergence (MACD) is almost crossing into the positive. This signalizes a growing bullish moment. Moreover, the Relative Strength Index (RSI) is leveling at 50 after failing to make progress above 60 earlier today. On the downside, $0.30 remains the tentative support area. Extended declines will find support at $0.29 and $0.28 respectively. XRP/USD 1-hour chart 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 Gold technical analysis: Intraday uptick falters near $1425 horizontal resistance FX Street 4 years Ripple embraces intense support at $0.30 as the bulls glance north. Diminishing buying power lost momentum at the 100 SMA 1-hour leaving $0.3150 unconquered. Ripple bulls are glancing higher following an eventful weekend session. Ripple continuously formed a lower high pattern but intense support at $0.30 had the downside strongly protected. A brilliant move emanated from the support at $0.30. XRP/USD stepped above the 50 Simple Moving Average (SMA) 1-hour char. However, diminishing buying power lost momentum at the 100 SMA 1-hour leaving $0.3150 unconquered. At press time, Ripple teeters at $0.3096 following a subtle 0.63% decline on the day.… 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.
