XRP/USD fell from $0.188 to $0.1862 this Tuesday. XRP/USD has broken below the SMA 50 in the hourly chart. XRP/USD daily chart XRP/USD bears remained in control for the third consecutive day as the price fell from $0.1862 to $0.185 in the early hours of Wednesday. The bulls have repeatedly tried and failed to overcome resistance at the SMA 50 curve, since running out of steam near the $0.202 line. The price has found support at the upward trending line and SMA 20. The Elliott Oscillator has had four straight red sessions, corroborating the bearish price action. XRP/USD hourly chart The hourly price chart shows that over the last seven hours, the price has dropped below both the SMA 20 and SMA 50 curves. The MACD shows increasing bearish momentum, while the Elliott Oscillator has had seven consecutive red sessions. The 20-day Bollinger jaw has narrowed, which indicates decreasing price volatility. Key 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 USD/JPY piercing below the psychological 107 level FX Street 2 years XRP/USD fell from $0.188 to $0.1862 this Tuesday. XRP/USD has broken below the SMA 50 in the hourly chart. XRP/USD daily chart XRP/USD bears remained in control for the third consecutive day as the price fell from $0.1862 to $0.185 in the early hours of Wednesday. The bulls have repeatedly tried and failed to overcome resistance at the SMA 50 curve, since running out of steam near the $0.202 line. The price has found support at the upward trending line and SMA 20. The Elliott Oscillator has had four straight red sessions, corroborating the bearish price action. XRP/USD hourly chart… 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.
