XRP/USD sees a pullback towards broken pennant structure, completing a breakout and retest. 60-minute chart view shows price is still very much supported for further upside. XRP was seen nursing chunky losses towards the latter stages of trading on Friday, down some 4.5%, as the price further cools. The upside momentum has failed to be sustained after the run into resistance heading towards $0.4100. XRP/USD 4-hour chart The latest rebound that commenced on 27th November, the bulls push for a breakout from a pennant pattern structure. This can be seen via the 4-hour chart view. Over the past two days now, the price has retested that breached formation, leaving room for this to be capitalized on. 60-minute chart Looking via the 60-minute chart view, price action has been moving within an ascending channel formation. The price was caught by the lower trend line, from free-falling deep to the south. Support looks sturdy around the $0.3500 territory. Major resistance and barrier remains at $0.4100 for the bulls to try and tackle. 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 US Pres. Trump: There are some goods signs on China trade, ‘we’ll see what happens’ FX Street 4 years XRP/USD sees a pullback towards broken pennant structure, completing a breakout and retest. 60-minute chart view shows price is still very much supported for further upside. XRP was seen nursing chunky losses towards the latter stages of trading on Friday, down some 4.5%, as the price further cools. The upside momentum has failed to be sustained after the run into resistance heading towards $0.4100. XRP/USD 4-hour chart The latest rebound that commenced on 27th November, the bulls push for a breakout from a pennant pattern structure. This can be seen via the 4-hour chart view. Over the past two… 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.
