XRP/USD has been one of the weakest pairs in the crypto market for the past year. XRP bulls are eying up $0.18 after a decent price increase while the rest of the market remains flat. In general, XRP’s outlook remains negative, however, the recent bull move could be the beginning of a reversal on the daily chart. XRP is changing hands at $0.177 and opened at $0.1748. XRP/USD daily chart At this point in time, it seems that XRP has established a higher low at $0.1729. Buyers are still facing the 12-EMA resistance level established at $0.18 followed by the 26-EMA at $0.186. The current downtrend will only be reversed after both EMA resistances are broken. XRP/USD 4-hour chart Zooming in we can see XRP’s recent bull move as a healthy move, unfortunate, the digital asset got rejected from a significant resistance area at $0.1783 and above towards $0.18. This factor indicates a lack of long-term strength for the bulls which have pushed XRP above both EMAs. 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 GBP/JPY remains flat at 134.00 after rejection from 134.70 FX Street 3 years XRP/USD has been one of the weakest pairs in the crypto market for the past year. XRP bulls are eying up $0.18 after a decent price increase while the rest of the market remains flat. In general, XRP’s outlook remains negative, however, the recent bull move could be the beginning of a reversal on the daily chart. XRP is changing hands at $0.177 and opened at $0.1748. XRP/USD daily chart At this point in time, it seems that XRP has established a higher low at $0.1729. Buyers are still facing the 12-EMA resistance level established at $0.18 followed by the… 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.
