Triangle formation on the medium term chart. Breakdown seems more likely. Ripple the cryptocurrency seems to be on the verge of a breakdown on the medium term chart that may result in the crypto cracking fairly quickly towards its September lows. XRP/USD is down more than one percent for the day at $0.457 and trading in less than 2 percent range. On the 120-minute chart, the payment solutions crypto is on the verge of breaking down of the triangle that may result in bears taking control for some time and the crypto may fall all the way towards $0.30-0.35, September lows that is. On its way down though, there’s a small support around $0.44, which would only act as a confirmation of the breakdown. Breakdown point is $0.456, just a tad below the current price. XRP/USD 120-minute 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 Bitcoin price analysis: Tough road ahead, even if it breaks out FX Street 4 years Triangle formation on the medium term chart. Breakdown seems more likely. Ripple the cryptocurrency seems to be on the verge of a breakdown on the medium term chart that may result in the crypto cracking fairly quickly towards its September lows. XRP/USD is down more than one percent for the day at $0.457 and trading in less than 2 percent range. On the 120-minute chart, the payment solutions crypto is on the verge of breaking down of the triangle that may result in bears taking control for some time and the crypto may fall all the way towards $0.30-0.35, September… 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.
