XRP/USD is capped by $0.4900 resistance. Morning star candlestick modal may signal more upside on the intraday timeframe. XRP/USD is trading at $0.4775 to press time, consolidating losses incurred late on Sunday. The third largest coin by market value lost nearly 3% on a daily basis; however, it is unchanged since the start of the day. XRP’s market value is registered at $18.7B, with the average daily trading volume of $217M. From the technical point of view, the local support is created by $0.4500. If it is cleared, the sell-off may be extended to $0.4240, which is the lowest level since June 29. The coin is glued to a bunch of hourly moving averages, which may imply some rangebound price action on the intraday level. A morning star candlestick pattern that appears on the hourly chat may signal that more upside is in store. Local resistance is seen at 0.4900; this is where new selling orders may appear and push the coin back in the range. Once it is cleared, $0.5000 will come into focus. 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 BoE: The risks to an August rate hike – Nomura FX Street 3 years XRP/USD is capped by $0.4900 resistance. Morning star candlestick modal may signal more upside on the intraday timeframe. XRP/USD is trading at $0.4775 to press time, consolidating losses incurred late on Sunday. The third largest coin by market value lost nearly 3% on a daily basis; however, it is unchanged since the start of the day. XRP's market value is registered at $18.7B, with the average daily trading volume of $217M. From the technical point of view, the local support is created by $0.4500. If it is cleared, the sell-off may be extended to $0.4240, which is the lowest level… Top 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.
