Ripple has fallen over 2.86% on Monday but the price has found support at 0.270. The level is close to a key Fibonacci zone which confluences with a trendline support area. XRP/USD 4-Hour Chart Below is the 4-hour XRP/USD chart, it shows that the price stopped at the trendline following its dramatic fall. Now it seems the price has recovered somewhat but could still be in danger of a further decline to the 61.8% Fib level. The candlesticks have recently thrown up some hammer rejection candles so the price could be heading higher in the near term. The psychological 0.30 level will be the first target for the bulls and a close above that would be a positive sign. Additonal 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Crypto News share Read Next EUR/USD: M/T Bear Channel Could Target 1.05 But S/T May Bounce To +/-1.10 – BofA Yohay Elam 2 years Ripple has fallen over 2.86% on Monday but the price has found support at 0.270. The level is close to a key Fibonacci zone which confluences with a trendline support area. XRP/USD 4-Hour Chart Below is the 4-hour XRP/USD chart, it shows that the price stopped at the trendline following its dramatic fall. Now it seems the price has recovered somewhat but could still be in danger of a further decline to the 61.8% Fib level. The candlesticks have recently thrown up some hammer rejection candles so the price could be heading higher in the near term. The psychological 0.30… Top 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.
