XRP/USD was the weakest pair among major cryptocurrencies. XRP finally had another breakout above $0.30 but bulls couldn’t sustain the move and XRP is now trading at $0.295. XRP has been struggling all year in comparison to other major coins. After the initial breakout on July 22, the digital asset was initially outperforming some cryptos, however, the recent consolidation period has been worse than most. XRP/USD daily chart The good news for the buyers is that XRP has defended the daily 12-EMA and has bounced from it. The daily uptrend is, of course, still intact but the $0.30 crucial resistance level seems to prevail. XRP/USD 4-hour chart The 4-hour chart has clearly shifted in favor of the buyers after a bullish cross of the 12-EMA and the 26-EMA. 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 AUD/USD climbs to daily highs near 0.7170, turns flat for the week FX Street 2 years XRP/USD was the weakest pair among major cryptocurrencies. XRP finally had another breakout above $0.30 but bulls couldn’t sustain the move and XRP is now trading at $0.295. XRP has been struggling all year in comparison to other major coins. After the initial breakout on July 22, the digital asset was initially outperforming some cryptos, however, the recent consolidation period has been worse than most. XRP/USD daily chart The good news for the buyers is that XRP has defended the daily 12-EMA and has bounced from it. The daily uptrend is, of course, still intact but the $0.30 crucial resistance… 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.
