XRP/USD has broken the trendline to the downside but the price is still in a technical uptrend. The 0.2821 support level is a strong one and has held firm in the past. XRP/USD has been one of the darlings of the crypto market over the last few weeks rising 9.42% since 24th September. The 0.3000 resistance level is proving to be a tough nut to crack for the bulls and if the XRP/USD is to push higher it needs to break the psychological level, The relative strength index (RSI) is showing signs of a momentum drop off as the price made high highs the indicator made lower highs. At the moment, on the four-hour chart, the candlesticks are showing signs of indecision as they are forming Doji candles. Also, the trendline broke lower on 20th October. This proved to be a false break as the XRP/USD price moved back above the trendline. Subsequently, the price broke back below and is now retesting the trendline which could indicate there might be a move lower on the cards. For now, the main resistance is 0.3038 and the key support lies at 0.2821. 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 Cryptocurrencies price prediction: Bitcoin, Litecoin & Ripple – American Wrap – 21 October FX Street 3 years XRP/USD has broken the trendline to the downside but the price is still in a technical uptrend. The 0.2821 support level is a strong one and has held firm in the past. XRP/USD has been one of the darlings of the crypto market over the last few weeks rising 9.42% since 24th September. The 0.3000 resistance level is proving to be a tough nut to crack for the bulls and if the XRP/USD is to push higher it needs to break the psychological level, The relative strength index (RSI) is showing signs of a momentum drop off as the… 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.
