XRP has a long term bottom protectively placed. Upside is capped by multiple resistances around. Ripple’s XRP has a very long way to go in this consolidation phase as multiple resistances and a strong enough support around current prices helps it remain in a range while bears and bulls fight for their survival. XRP/USD is down more than 1 percent on day at $0.3077, just above bottom of the day. Daily chart of this coin throws some interesting light. While there is good enough long term support in the form of ascending trendline that has supported prices in the last few months. While that helps prices not fall much, upside is capped in the form of 50 EMA at $0.328 and upper end of the downward sloping parallel channel, currently placed around $0.35. XRP/USD daily chart: 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 WTI Technical Analysis: $51.65 gains market attention FX Street 4 years XRP has a long term bottom protectively placed. Upside is capped by multiple resistances around. Ripple's XRP has a very long way to go in this consolidation phase as multiple resistances and a strong enough support around current prices helps it remain in a range while bears and bulls fight for their survival. XRP/USD is down more than 1 percent on day at $0.3077, just above bottom of the day. Daily chart of this coin throws some interesting light. While there is good enough long term support in the form of ascending trendline that has supported prices in the last… 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.
