Breaks out of a channel formation on a short term chart. Finds fibo resistance on the daily. Ripple bulls have been able to cross past upper band of a falling trendline channel in a bullish push, but find it difficult to rise further as it finds resistance on the daily chart in the form of fibonacci retracement. XRP/USD is trading just a notch above water in a thin Sunday trading at $0.644. On the 180-minute chart, the price of Monero broke out of a falling trendline channel of lower high, lower low which potentially is a first sign of a bullish trend. On the daily chart, though, XRP faces resistance in the form of 23.6 percent fibonacci retracement of its entire fall from May high, which is exactly where the price is – $0.6446, a tough nut to crack on a low volume weekend. XRP/USD 180-minute 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 Bitcoin price analysis: Short term breakout is here, 100 SMA is a first test FX Street 5 years Breaks out of a channel formation on a short term chart. Finds fibo resistance on the daily. Ripple bulls have been able to cross past upper band of a falling trendline channel in a bullish push, but find it difficult to rise further as it finds resistance on the daily chart in the form of fibonacci retracement. XRP/USD is trading just a notch above water in a thin Sunday trading at $0.644. On the 180-minute chart, the price of Monero broke out of a falling trendline channel of lower high, lower low which potentially is a first sign of a… 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.
