The Elliott Oscillator has had a bearish session following five straight bullish sessions. The four-hour chart has found strong support at the SMA 20 curve. XRP/USD daily chart XRP/USD dropped from $0.302 to $0.294 this Friday and has fallen further to $0.293. The market is floating above the 20-day and 50-day Simple Moving Average (SMA 20 and SMA 50) curves. The Elliott Oscillator has had a bearish session following five straight bullish sessions. XRP/USD four-hour chart The four-hour XRP/USD price has found strong support on the SMA 20 curve. They will need to overcome resistance at $0.295. The 20-day Bollinger width is trending around 0.0846, indicating normal market volatility. The Moving Average Convergence/Divergence (MACD) shows sustained bearish momentum. XRP/USD hourly chart The hourly XRP/USD is trending in a triangle formation and is floating above the green Ichimoku cloud. The buyers must aim for the $0.295 resistance line to break above the triangle. The Relative Strength Index (RSI) indicator is trending around 51.56, around the neutral zone. Key Levels 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 Bank of America tests out Ripple’s DLT in its banking system FX Street 3 years The Elliott Oscillator has had a bearish session following five straight bullish sessions. The four-hour chart has found strong support at the SMA 20 curve. XRP/USD daily chart XRP/USD dropped from $0.302 to $0.294 this Friday and has fallen further to $0.293. The market is floating above the 20-day and 50-day Simple Moving Average (SMA 20 and SMA 50) curves. The Elliott Oscillator has had a bearish session following five straight bullish sessions. XRP/USD four-hour chart The four-hour XRP/USD price has found strong support on the SMA 20 curve. They will need to overcome resistance at $0.295. The 20-day Bollinger… 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.
