Ripple is trading nearly 1% lower on the session in another mixed day for cryptos. There is a support zone that matches the 23.6% Fibonacci retracement zone. XRP/USD 4-hour chart Ripple has been pulling off best levels recently as the crypto bull market fizzles out. The price broke the purple trendline on the 4-hour chart below and had a textbook retest before a move lower. Now it seems the bears have stumbled on the 23.6% Fibonacci level which confluences with a resistance zone of old. 0.1825 had been used as a resistance zone twice on the chart and then as support more recently on 10th April earlier in the month. Looking ahead now the 0.1825 level is looking vulnerable once again and could break if another bout of selling pressure kicks in.If it does the next potential support level could be 0.17 which was also respected previously. 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 US dollar index Asia Price Forecast: DXY loses steam, trades sub-99.00 figure FX Street 2 years Ripple is trading nearly 1% lower on the session in another mixed day for cryptos. There is a support zone that matches the 23.6% Fibonacci retracement zone. XRP/USD 4-hour chart Ripple has been pulling off best levels recently as the crypto bull market fizzles out. The price broke the purple trendline on the 4-hour chart below and had a textbook retest before a move lower. Now it seems the bears have stumbled on the 23.6% Fibonacci level which confluences with a resistance zone of old. 0.1825 had been used as a resistance zone twice on the chart and then as… 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.
