Ripple price remained depressed over the weekend despite other cryptos posting minor gains. $0.27 is still unconquered while the current momentum is focused on shuttering $0.25 support. The cryptocurrency market posted modest recovery moves over the weekend from a general perspective. However, selected assets like XRP remained depressed towards key support levels. For instance, attempts to push towards $0.30 failed short of $0.27. Meanwhile, Ripple is in the middle of a correction to the short term support at $0.26. On Sunday, the major support at $0.25 was tested. Apart from the resistance at the 50 Simple Moving Average on the 4-hour chart, XRP will deal with more hurdles at the 100 SMA currently at $0.28, $0.29 and $0.30. The formation of a falling wedge pattern is a key indicator for an end of the year rally. Ripple could easily approach $0.35 and trade towards $0.50 before December 31. In the meantime, a return above $0.30 remains to be the bulls’ short term goal. XRP/USD 4-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 PBOC: China faces no conditions for continuous inflation, deflation FX Street 3 years Ripple price remained depressed over the weekend despite other cryptos posting minor gains. $0.27 is still unconquered while the current momentum is focused on shuttering $0.25 support. The cryptocurrency market posted modest recovery moves over the weekend from a general perspective. However, selected assets like XRP remained depressed towards key support levels. For instance, attempts to push towards $0.30 failed short of $0.27. Meanwhile, Ripple is in the middle of a correction to the short term support at $0.26. On Sunday, the major support at $0.25 was tested. Apart from the resistance at the 50 Simple Moving Average on the… 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.
