XRP breaks out on the short term chart. Not enough momentum to go long on the longer horizon. Ripple, the cryptocurrency that surprised everyone with almost tripling its price in the last one month, has given another small breakout on the short term chart, but its not enough to take the crypto even more higher on the long term horizons, not just yet. XRP/USD is down about 3 cents of a percent at $0.518 and in less than 2 percent range in the weekend trading of low volume, low volatility. On the 30-minute chart of XRP, it has broken out of a descending trendline last night but the momentum has faded away. This lack of momentum is a put-off for the bulls to go long in the longer term charts and take it past the immediate long term strong resistance of $0.55-$0.60 on the daily chart. XRP/USD 30-minute chart: XRP/USD daily 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 Ethereum price analysis: U-turn from here? FX Street 5 years XRP breaks out on the short term chart. Not enough momentum to go long on the longer horizon. Ripple, the cryptocurrency that surprised everyone with almost tripling its price in the last one month, has given another small breakout on the short term chart, but its not enough to take the crypto even more higher on the long term horizons, not just yet. XRP/USD is down about 3 cents of a percent at $0.518 and in less than 2 percent range in the weekend trading of low volume, low volatility. On the 30-minute chart of XRP, it has broken out… 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.
