Ripple ask refuge at $0.2350 even as the mission to find a formidable support/bottom continues. XRP bulls’ aim for $0.25 short term hurdle banks on the improving technical picture. Ripple bulls have endured an avalanche of resistance waves over the last trading week. From trading above $0.28, XRP has tested the lows below $0.24. The several support areas shuttered in the bear’s mission include $0.28, $0.26, $0.25 and $0.24. XRP established brand new support at $0.2350 which is giving way to the ongoing recovery. The compelling move is trading below the 50 Simple Moving Average on the 1-hour chart as well as the 100 SMA currently at $0.2491 and $0.2518 respectively. A short term trendline is functioning as immediate support in addition to $0.24. The Relative Strength Index made it from the oversold and is holding ground at 46. However, the movement north appears to be taking a break with the RSI lagging in somehow a horizontal motion. On the other hand, the Relative Strength Index suggests that the bulls have the upper hand. Besides, volatility is at peak coupled with an improving technical picture as well as a bullish trend. XRP/USD 1-hour 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 Bitcoin price prediction: BTC/USD may drop below $7,500 as support exists at $7,490 – Confluence Detector FX Street 3 years Ripple ask refuge at $0.2350 even as the mission to find a formidable support/bottom continues. XRP bulls' aim for $0.25 short term hurdle banks on the improving technical picture. Ripple bulls have endured an avalanche of resistance waves over the last trading week. From trading above $0.28, XRP has tested the lows below $0.24. The several support areas shuttered in the bear's mission include $0.28, $0.26, $0.25 and $0.24. XRP established brand new support at $0.2350 which is giving way to the ongoing recovery. The compelling move is trading below the 50 Simple Moving Average on the 1-hour chart as… 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.
