XRP/USD returns to the red after rejection again above 0.2450. Daily RSI has edged lower while within the bearish region. 100-DMA to test bears’ commitment after Saturday’s Doji candlestick. Having faltered once again above 0.2450 this Sunday, Ripple (XRP/USD) snaps a three-day recovery momentum, as the coin battles 0.2400 amid the downbeat mood across the crypto board. The XRP sellers returned after the price formed a Doji candlestick on the daily chart on Saturday, suggesting that the recovery from two-month lows of 0.2197 seems to have lost traction. Backing the case for additional losses, the spot has failed to secure a sustained break above the horizontal 21-day Simple Moving Average (DMA), now at 0.2416 while the 14-day Relative Strength Index (RSI) points south within the bearish territory. Therefore, the bears need a daily closing below the 100-DMA support at 0.2392 to negate the bullish reversal. The next downside target sits at the two-month lows just below the 0.2200 level. Further south, the horizontal 200-DMA at 0.2148 will be the last straw for the XRP bulls. To the upside, the buyers could target the September 19 high at 0.2585 before taking on the downward-sloping 50-DMA barrier at 0.2648. XRP/USD: Daily chart XRP/USD: Additional levels to consider 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/JPY Forecast Sep. 28-Oct. 2 – Dollar recovers, investors await Tankan indices Kenny Fisher 2 years XRP/USD returns to the red after rejection again above 0.2450. Daily RSI has edged lower while within the bearish region. 100-DMA to test bears’ commitment after Saturday’s Doji candlestick. Having faltered once again above 0.2450 this Sunday, Ripple (XRP/USD) snaps a three-day recovery momentum, as the coin battles 0.2400 amid the downbeat mood across the crypto board. The XRP sellers returned after the price formed a Doji candlestick on the daily chart on Saturday, suggesting that the recovery from two-month lows of 0.2197 seems to have lost traction. Backing the case for additional losses, the spot has failed to secure 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.