Ripple’s XRP in the latter part of trading on Monday was trading firmly in negative territory, down some 2%. XRP/USD bears extend to the downside following a critical ascending trend line support breakout. Ripple’s XRP late in the session on Monday was nursing losses of around 2%, as the bears piled the pressure back. XRP/USD is running at the second consecutive daily closure in the red, with the price back to cooling, which began to pick up pace on 21st March. XRP/USD is retesting the big psychological $0.3000 mark to the downside, a break below could invite a further chunky wave of selling pressure. A strong area of demand is noted running from $0.3000 down to the $0.2500 price territory. Given current downside momentum, eyes must be on the next big areas of comfort. Firstly; $0.3012, daily pivot point support, $0.2886, last month low, $0.2855 monthly pivot point support. In terms of upside barriers; $0.3044, daily pivot point resistance, $0.3107, monthly 61.8% Fibonacci and weekly 23.6% Fibonacci. 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 AUD/USD Technical Analysis: Rolling into the Asian session above the 0.7100 figure FX Street 4 years Ripple's XRP in the latter part of trading on Monday was trading firmly in negative territory, down some 2%. XRP/USD bears extend to the downside following a critical ascending trend line support breakout. Ripple's XRP late in the session on Monday was nursing losses of around 2%, as the bears piled the pressure back. XRP/USD is running at the second consecutive daily closure in the red, with the price back to cooling, which began to pick up pace on 21st March. XRP/USD is retesting the big psychological $0.3000 mark to the downside, a break below could invite a further chunky… 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.
