XRP is still trading nearly 1% lower even after most of the crypto majors recover slightly. The XRP/USD pair is basing out and could test the 0.1500 level once again. XRP/USD 1-hour chart Ripple has consolidated between 0.1645 and 0.1232 after the extreme price fall over the last few weeks. After the base was formed there is an internal trendline that now could break to indicate 0.1500 could be tested. It seems like 0.1300 is the main support as even though price dipped below it quickly shot back up. It is important to remember that the underlying trend on the higher timeframes is still bearish. This means that any long trades are more dangerous. Volume is also looking very flat compared to the selling phase so a break higher could be false unless the volume rises as the key resistance levels break. 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 shoots to 3-year’s high, above 100.00 figure FX Street 2 years XRP is still trading nearly 1% lower even after most of the crypto majors recover slightly. The XRP/USD pair is basing out and could test the 0.1500 level once again. XRP/USD 1-hour chart Ripple has consolidated between 0.1645 and 0.1232 after the extreme price fall over the last few weeks. After the base was formed there is an internal trendline that now could break to indicate 0.1500 could be tested. It seems like 0.1300 is the main support as even though price dipped below it quickly shot back up. It is important to remember that the underlying trend 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.
