XRP/USD bounced off the $0.268 this Saturday and is trending in an upward channel pattern. XRP/USD broke past the resistance at $0.284 today, in the process of negotiating with the $0.292-level. XRP/USD spiked from $0.278 to $0.292, going up by 5% today. The daily chart shows us that the price bounced off the $0.268 this Saturday. The price has been trending in an upward channel pattern and broke past the $0.284 resistance level in the process. The bulls must shoot the price past the $0.302 resistance level to continue the positive momentum. The hourly chart shows us that the market has found intraday resistance at $0.292 and is struggling to break past it. XRP/USD daily chart The daily chart shows us that XRP/USD has peeked above the upper 20-day Bollinger curve. This indicates that the price is currently overvalued and may be facing bearish correction soon. The price is trending above the 20-day and 50-day Simple Moving Average (SMA 20 and SMA 50) curves. The Bollinger width shows us that it has widened from 0.217 to 0.235 over the last three days, indicating increasing market volatility. The Relative Strength Index (RSI) indicator is trending around 62.75 and the Elliott Oscillator has had a bullish session following two straight bearish sessions. 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 BitGo announces the addition of Tron’s TRX into its services FX Street 4 years XRP/USD bounced off the $0.268 this Saturday and is trending in an upward channel pattern. XRP/USD broke past the resistance at $0.284 today, in the process of negotiating with the $0.292-level. XRP/USD spiked from $0.278 to $0.292, going up by 5% today. The daily chart shows us that the price bounced off the $0.268 this Saturday. The price has been trending in an upward channel pattern and broke past the $0.284 resistance level in the process. The bulls must shoot the price past the $0.302 resistance level to continue the positive momentum. The hourly chart shows us that the market… 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.
