Ripple retaining upside pressure, as bulls look to breakdown chunky supply zone above. XRP/USD moving within an ascending channel pattern, immediate resistance seen at 0.6200, support at $0.6100. The Ripple price bullish momentum resumes on Friday, retaining the upside pressure seen from Tuesday of this week. A revival has been seen across the board within the cryptocurrency market, but there are still some upside challenges ahead. XRP/USD will be looking at closing the week in the green, which marks the first positive close seen in over 4 weeks. The price pressure had initially been seen to the downside, but Ripple received a large amount of support at $0.54, a very key area, that has proven to prop up the price. Looking at the 60-minute chart, XRP/USD looks well supported for some further upside in the near-term, with the price within a fast-rising ascending channel pattern. Upside resistance is seen just ahead between $0.62-0.63, where there is a supply zone, as proven this week and last. Support seen at the lower part of the channel, $0.61, then the 50MA $0.6060, with the 200MA not too far behind at $0.6000. . XRP/USD 60-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 EUR/GBP negative while below 0.8814/45 – Commerzbank FX Street 5 years Ripple retaining upside pressure, as bulls look to breakdown chunky supply zone above. XRP/USD moving within an ascending channel pattern, immediate resistance seen at 0.6200, support at $0.6100. The Ripple price bullish momentum resumes on Friday, retaining the upside pressure seen from Tuesday of this week. A revival has been seen across the board within the cryptocurrency market, but there are still some upside challenges ahead. XRP/USD will be looking at closing the week in the green, which marks the first positive close seen in over 4 weeks. The price pressure had initially been seen to the downside, but… 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.
