XRP/USD bulls engineer a strong recovery. The next resistance awaits on approach to $0.2900. Ripple’s XRP broke free from the long-term triangle pattern and hit $0.2860 during early Asian hours. The now the third-largest digital asset with the current market value of $12.2 billion has gained nearly 4% in recent 24 hours and became one of the best-performing altcoins out of top-10. At the time of writing, XRP/USD is changing hands at $0.2846. Ripple’s XRP confluence levels Looking technically, strong resistance is created by SMA5100 (Simple Moving Average) and the upper line of the Bollinger Band on a daily chart at $0.2870. This resistance has slowed down the recovery, for the time being, however, the upside momentum remains strong. Let’s have a closer look at the technical levels that may serve as resistance and support areas for the coin. Resistance levels $0,2870 – SMA100 daily, the upper line of daily Bollinger Band, Pivot Point one-day Resistance 2, the highest level of the previous week; $0,3050 – Pivot Point one-week Resistance 2; $0,3150 – Pivot Point one-month Resistance 1; Support levels $0,2800 – 23.6% Fibo retracement daily, the middle line of one-hour Bollinger Band SMA10 four hour chart; $0,2650 – the lower line of four-hour Bollinger Band, 61.8% Fibo retracement weekly, 161.8% Fibo projection daily; $0,2530 – the lowest level of the previous year. 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 USD/CHF technical analysis: Positive above 200-bar SMA, 0.9890/87 confluence FX Street 4 years XRP/USD bulls engineer a strong recovery. The next resistance awaits on approach to $0.2900. Ripple's XRP broke free from the long-term triangle pattern and hit $0.2860 during early Asian hours. The now the third-largest digital asset with the current market value of $12.2 billion has gained nearly 4% in recent 24 hours and became one of the best-performing altcoins out of top-10. At the time of writing, XRP/USD is changing hands at $0.2846. Ripple's XRP confluence levels Looking technically, strong resistance is created by SMA5100 (Simple Moving Average) and the upper line of the Bollinger Band on a daily… 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.