Ripple’s XRP trades nearly 2% lower on Wednesday and has moved toward to 0.20 level. It looks like the price is heading lower and the 0.19 area is looking strong. XRP/USD 4-hour chart Ripple’s XRP has moved lower on Wednesday as general crypto sentiment is poor on the session. If the price does move lower the green rectangle represents an area which has acted as a magnet for price in the past. This means it could be tested once again. If the price does move beyond that, the black trendline underneath the price could be another level of support and if it is broken it could mean there is more weakness to come. There is another support zone at the purple line close to the 0.18 price. The Relative Strength Index indicator is also looking bearish as it has dipped below the 50 mid-line. At the moment the price is holding up at the 0.20 support level but it does look like its just a matter of time before its broken. Lastly, if the price does move higher the red line at 0.2050 is the resistance area. 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 BoC’s Lane: Q2 Canadian GDP to plunge between 15% and 30% from late-2019 level FX Street 2 years Ripple's XRP trades nearly 2% lower on Wednesday and has moved toward to 0.20 level. It looks like the price is heading lower and the 0.19 area is looking strong. XRP/USD 4-hour chart Ripple's XRP has moved lower on Wednesday as general crypto sentiment is poor on the session. If the price does move lower the green rectangle represents an area which has acted as a magnet for price in the past. This means it could be tested once again. If the price does move beyond that, the black trendline underneath the price could be another level of support and… 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.
