XRP is locked in a tight range after Wednesday’s strong moves. Ripple-Forte partnership is a potential catalyst. XRP/USD consolidates with downside bias after a steady growth on Wednesday. At the time of writing, the coin is changing hands at $0.3140, gaining over 1% in recent 24 hours. It is worth noting that XRP went as high as $0.3267 during European hours yesterday; however, stops and speculative positioning pushed it back below $0.3200. What’s going on The announcement that a blockchain-based platform technology provider Forte partnered with Ripple to create a $100 million fund to support game developers might have served as an initial catalyst for the upside move on Wednesday. However, the momentum failed to gain traction. XRP’s technical picture The first line of support is created around $0.3130 handle with SMA50 and SMA100 (1-hour) clustered there. Once it is cleared, $0.3100 will come into focus. A sustainable move lower will take us to this week’s low at $0.3075. On the upside, watch out for $0.3190 (Asian high) as it blocks the way to a more critical $0.3200. The ultimate short-term target lies with Wednesday’s high at $0.3267, followed by psychological $0.33. 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 UK Labour Mcdonnell: “We will back a limited extension” FX Street 4 years XRP is locked in a tight range after Wednesday's strong moves. Ripple-Forte partnership is a potential catalyst. XRP/USD consolidates with downside bias after a steady growth on Wednesday. At the time of writing, the coin is changing hands at $0.3140, gaining over 1% in recent 24 hours. It is worth noting that XRP went as high as $0.3267 during European hours yesterday; however, stops and speculative positioning pushed it back below $0.3200. What's going on The announcement that a blockchain-based platform technology provider Forte partnered with Ripple to create a $100 million fund to support game developers might have served… 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.
