XRP/USD recovered from the recent low, but the upside momentum remains weak. Important support is created at $0.2100 level below the current price. Ripple (XRP) recovered from the recent slump to trade at $0.2100 at the time of writing. While the coin is still 9% down from this time on Sunday, it managed to regain nearly 3% of its value since the beginning of the day. XRP/USD has been moving in sync with Bitcoin, pressured down by panic and major sell-off on the global financial market. Read more: Ripple Price Analysis: XRP/USD remains at the mercy of the sellers XRP confluence levels There are a few technical levels mostly above the current price. It means traders might find it more difficult to push the price to the North. Meanwhile, there are hardly any strong support levels that can stpp the sell-off once the price dips below $0.2100. Resistance levels $0.2120 – 161.8% Fibo projection weekly, the highest level of the previous 4-hour timeframe, SMA5 4-hour $0.2250 – The lowest level of the previous month and week.$0.2500 – Pivot Point 1-day resistance 2. $2330 – the upper line of 4-hour Bollinger Band, 61.8% Fibo retracement weekly Support levels $0.2050 – the lower line of 4-hour Bollinger Band $0.2000 – the lowest level of the previous day $0.1900 – Pivot Point 1-day Support 1 XRP/USD, 1-day 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 Oil: Previous lows will be exceeded – Deutsche Bank FX Street 3 years XRP/USD recovered from the recent low, but the upside momentum remains weak. Important support is created at $0.2100 level below the current price. Ripple (XRP) recovered from the recent slump to trade at $0.2100 at the time of writing. While the coin is still 9% down from this time on Sunday, it managed to regain nearly 3% of its value since the beginning of the day. XRP/USD has been moving in sync with Bitcoin, pressured down by panic and major sell-off on the global financial market. Read more: Ripple Price Analysis: XRP/USD remains at the mercy of the sellers XRP confluence… 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.
