Ripple trades 1.29% lower on Thursday as bulls and bears fight over the 0.20 handle. The price has moved into a channel formation with an upward tilt. XRP/USD 4-hour chart Ripple remains in a bullish trend on the 4-hour chart below. The price continues to make higher highs and higher lows but it seems the bulls have stalled at 0.20. That is noticeable on the volume histogram at the bottom as it has dropped off significantly. The two key zones are now the blue resistance zone and the red support a break either way will give us clues to the trajectory of the price in the future. Looking at the technical indicators now, the price remains above the 55 and 200 period moving averages. This is still considered as bullish as they have been used well in the past. The RSI indicator is also showing a lower wave low while the price made a higher wave low. This is called a bullish failure swing and can sometimes indicate there is some bullishness to come. 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 S&P 500 Price Analysis: US stocks in bullish territories in one-month highs FX Street 2 years Ripple trades 1.29% lower on Thursday as bulls and bears fight over the 0.20 handle. The price has moved into a channel formation with an upward tilt. XRP/USD 4-hour chart Ripple remains in a bullish trend on the 4-hour chart below. The price continues to make higher highs and higher lows but it seems the bulls have stalled at 0.20. That is noticeable on the volume histogram at the bottom as it has dropped off significantly. The two key zones are now the blue resistance zone and the red support a break either way will give us clues to 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.
