XRP trades 4.17% higher after a disappointing session on Thursday. The 0.19 handle provided some serious support and buyers stepped in here. XRP/USD 4-hour chart Ripple’s XRP has pushed higher on Friday breaking back above the 0.20 handle. The main test will be at the red resistance zone on the 4-hour chart below at 0.2071. The price bounced off the 0.19 level and this coincided with being oversold on the Relative Strength Index indicator. On the downside, if the price does bounce back off the aforementioned 0.2071 resistance zone the 0.1800 could be the target for the bears. crucially the price is back below the 55 exponential (EMA) and 200 simple moving averages (SMA). There has also been a bearish moving average cross where the 55 EMA has crossed the 200 SMA to add to the bearish woes. On a technical note, the black trendline could play a very important role as a break back above it could mean the pair is heading toward higher levels. There certainly does seem to be more traffic on the upside. Additional levels 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 USD/BRL forecast at 5.50 for Q2- CIBC FX Street 3 years XRP trades 4.17% higher after a disappointing session on Thursday. The 0.19 handle provided some serious support and buyers stepped in here. XRP/USD 4-hour chart Ripple's XRP has pushed higher on Friday breaking back above the 0.20 handle. The main test will be at the red resistance zone on the 4-hour chart below at 0.2071. The price bounced off the 0.19 level and this coincided with being oversold on the Relative Strength Index indicator. On the downside, if the price does bounce back off the aforementioned 0.2071 resistance zone the 0.1800 could be the target for the bears. crucially… 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.
