Ripple’s XRP in the latter part of trading on Thursday was nursing minor losses of 3.80%. XRP/USD bears have forced a breakout of a triangular pattern structure, which could be very damaging. Ripple’s XRP late in the session on Thursday was nursing losses of some 3.80%, flirting with the lower vital support of a triangular pattern structure. XRP/USD is back within the control of the market bears. XRP/USD price is breaching the critical triangular pattern structure, the lower part of the acting trend line is tracking at $0.3150. The current daily candlestick is moving below this, a daily closure below could be very damaging. Given current downside momentum, eyes are on the next big barriers of support via the confluence detector. Firstly; $0.3079, daily pivot point support, $0.3015, daily pivot point support, $0.2886. In terms of upside, there is a chunky barrier noted at $0.3111, monthly 61.8% Fibonacci, $0.3143, daily pivot point resistance. XRP/USD daily confluence detector 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 USD/CAD rises further to test 1.3400 on US dollar strength FX Street 4 years Ripple's XRP in the latter part of trading on Thursday was nursing minor losses of 3.80%. XRP/USD bears have forced a breakout of a triangular pattern structure, which could be very damaging. Ripple's XRP late in the session on Thursday was nursing losses of some 3.80%, flirting with the lower vital support of a triangular pattern structure. XRP/USD is back within the control of the market bears. XRP/USD price is breaching the critical triangular pattern structure, the lower part of the acting trend line is tracking at $0.3150. The current daily candlestick is moving below this, a daily closure… 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.
