Ripple’s coin is oscillating in a tight range. XRP/USD bulls need to clear $0.3200 to gain the upside momentum. Ripple’s XRP stays calm, even as the rest of the market has started moving. The third-largest digital asset with the current market value of $13.6 billion has stayed mostly unchanged both on a day-on-day basis and since the beginning of Thursday, capped bu a strong resistance at $0.3200. At the time of writing, XRP/USD is changing hands at $0.3140 amid decreasing volatility and short-term bearish sentiments. Read also: Ripple announces a partnership with Kyoto University and the University of Tokyo for Blockchain Research Ripple’s technical picture On the intraday charts, XRP/USD is supported by a confluence of SMA100 (Simple Moving Average) 1-hour and the lower line of 1-hour Bollinger Band at $0.3130. A sustainable move below this area will bring psychological $0.3100 into focus where new short-term buyers are expected to join the market. Moreover, $0.3100 is an upper boundary of the previous consolidation channel, which means the bears might have a hard time pushing the price lower. The next support awaits us on approach to $0.3040 (the lower line of 4-hour Bollinger Band) and a critical $0.30. On the upside, we will need to see a sustainable move above $0.32 for the bullish momentum to gain traction. This will open up the way towards $0.34, the highest level since July 20. 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 UK: BoE and Manufacturing PMI in the spotlight today – TD Securities FX Street 4 years Ripple's coin is oscillating in a tight range. XRP/USD bulls need to clear $0.3200 to gain the upside momentum. Ripple's XRP stays calm, even as the rest of the market has started moving. The third-largest digital asset with the current market value of $13.6 billion has stayed mostly unchanged both on a day-on-day basis and since the beginning of Thursday, capped bu a strong resistance at $0.3200. At the time of writing, XRP/USD is changing hands at $0.3140 amid decreasing volatility and short-term bearish sentiments. Read also: Ripple announces a partnership with Kyoto University and the University of Tokyo for… 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.
