Ripple triangle breakout opens the path towards $0.32 (target). XRP/USD is strongly bullish with all indicators aligning for continued upward movement. Ripple bulls are doing their best to break away from the general consolidation phase witnessed across the weekend. Major cryptocurrencies remained depressed following the recent slump. However, XRP is commencing the week’s trading with a 2.38% increase in value. The breakout out is part of the higher low pattern that has been forming since the devastating plunge on September 24. The price is trading above the Simple Moving Averages (SMAs) whereby the 50 SMA on the four-hour chart will offer support at above $0.27 and the 100 SMA at $0.26. Also influencing the breakout is the correction from the symmetrical triangle. If XRP clears the resistance at $0.29 and rises towards $0.30 then achieving a high above $0.32 (breakout target) is possible). Meanwhile, the existing trend is strongly positive with the Relative Strength Index (RSI) moving towards the overbought. XRP/USD 240′ 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 China’s Customs Spokesman: Exports to the US down 6% in Jan-Sep – Reuters FX Street 4 years Ripple triangle breakout opens the path towards $0.32 (target). XRP/USD is strongly bullish with all indicators aligning for continued upward movement. Ripple bulls are doing their best to break away from the general consolidation phase witnessed across the weekend. Major cryptocurrencies remained depressed following the recent slump. However, XRP is commencing the week's trading with a 2.38% increase in value. The breakout out is part of the higher low pattern that has been forming since the devastating plunge on September 24. The price is trading above the Simple Moving Averages (SMAs) whereby the 50 SMA on the four-hour chart will… 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.
