Ripple trades just under flat as most of the other crypto majors move higher. The price moved out of the consolidation zone earlier in the session only to move back in. XRP/USD 1-hour chart Ripple has bounced from the lows after dropping heavily over the last week. From its highest point, last month to its lowest point this month XRP/USD lost 68% of its value. Now there is a consolidation pattern forming and on the hourly chart, there have been some consecutive higher lows. Looking closer at the chart now, The consolidation high of 0.1696 was broken but just today (Friday) the price has dipped back in. The MACD indicator histogram has also turned negative and dipped below the zero line. Luckily the bulls have a few positives. The price is above the 55 EMA and there is also the trendline (black line) support close by too. Beyond that, the psychological 0.15 level and 0.13 support zone could also provide some traffic. 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 EUR/USD Price Analysis: Euro breaks to fresh 37-month lows and 2020 lows, sub-1.0700 figure FX Street 2 years Ripple trades just under flat as most of the other crypto majors move higher. The price moved out of the consolidation zone earlier in the session only to move back in. XRP/USD 1-hour chart Ripple has bounced from the lows after dropping heavily over the last week. From its highest point, last month to its lowest point this month XRP/USD lost 68% of its value. Now there is a consolidation pattern forming and on the hourly chart, there have been some consecutive higher lows. Looking closer at the chart now, The consolidation high of 0.1696 was broken but just today… 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.
