The Ripple price nursing chunky losses of over 4% in the session on Monday, after lack of stability from the highs over the weekend. XRP/USD has edged over an improve ascending trend line of support, a retest is currently eyed underneath. The Ripple price in the latter stages of trading on Monday was licking its wounds, hit with a bout of selling pressure. This coming after the highs printed over the weekend, which saw the price pushing up to $0.62. XRP/USD price action has been very much choppy of late, however still managing to push higher. It has been supported by an ascending trend line, this has been running from 18th September, down at $0.27. Looking technically, given the breach of the above-mentioned trend line, it does spark some concern of vulnerabilities. Bears will be rubbing their paws together, should the retest respect underneath the broken trend line, this could open the door to further downside pressure. Immediate support is seen at the 50MA (4-hour). Resistance to the upside now seen underneath the broken trend line, tracking at $0.5800. XRP/USD 4-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 Fitch downgrades 20 Turkish banks, outlook negative – Reuters FX Street 4 years The Ripple price nursing chunky losses of over 4% in the session on Monday, after lack of stability from the highs over the weekend. XRP/USD has edged over an improve ascending trend line of support, a retest is currently eyed underneath. The Ripple price in the latter stages of trading on Monday was licking its wounds, hit with a bout of selling pressure. This coming after the highs printed over the weekend, which saw the price pushing up to $0.62. XRP/USD price action has been very much choppy of late, however still managing to push higher. It has been supported… 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.
