Ripple price is leading the cryptocurrency market in recovery on Wednesday. XRP/USD perpetual swap contract trading on BitMEX exchange. Spot rate: $0.2775 Relative change: 0.0108 Percentage change: 4% Trend: Bearish Volatility: High BTC/USD weekly chart Ripple price continues to sustain the falling wedge pattern breakout momentum. The price could remain in the hands of the buyers a while longer based on the RSI up trending movement from December. XRP/USD daily chart Ripple bullish correction cuts above a three-month resistance trendline as bulls refocus on trading above the psychological $0.30 level. The narrowing gap between the 50-day SMA and the 200-day SMA signals the growing traction of the bulls against the bears. XRP/USD 2-hour chart Short term analysis places the bulls in control event as the RSI makes its way into the overbought region. In the event a retreat comes into play, XRP banks on the accelerated trendline (dotted) and the main trendline support. 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 Ethereum futures to enter the market soon? FX Street 2 years Ripple price is leading the cryptocurrency market in recovery on Wednesday. XRP/USD perpetual swap contract trading on BitMEX exchange. Spot rate: $0.2775 Relative change: 0.0108 Percentage change: 4% Trend: Bearish Volatility: High BTC/USD weekly chart Ripple price continues to sustain the falling wedge pattern breakout momentum. The price could remain in the hands of the buyers a while longer based on the RSI up trending movement from December. XRP/USD daily chart Ripple bullish correction cuts above a three-month resistance trendline as bulls refocus on trading above the psychological $0.30 level. The narrowing gap between the 50-day SMA and the 200-day SMA… 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.
