Ripple price is one of the underperformers on Wednesday, down over 3.5% in the session. XRP/USD has formed a bearish pennant on the 30-minute chart view, indicating the supporting trend line could be on its final legs. Price action is very much narrow in the first half of this session, upper resistance at $0.5325 with support at $0.5280. XRP/USD 30-minute chart Spot rate: 0.52958 Relative change: -3.57% High: 0.55061 Low: 0.55240 Trend: Bearish Support 1: 0.52800, ascending trend line. Support 2: 0.52240, today’s (Wednesday) low. Support 3: 0.51602, (support on 30-minute chart). Resistance 1: 0.53250, upper trend line of pennant pattern. Resistance 2: 0.53650, 100MA. Resistance 3: 0.53885, 38.2% Fibonacci & 50MA. 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 trading like an Emerging Market currency – AmpGFX FX Street 3 years Ripple price is one of the underperformers on Wednesday, down over 3.5% in the session. XRP/USD has formed a bearish pennant on the 30-minute chart view, indicating the supporting trend line could be on its final legs. Price action is very much narrow in the first half of this session, upper resistance at $0.5325 with support at $0.5280. XRP/USD 30-minute chart Spot rate: 0.52958 Relative change: -3.57% High: … Top 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.
