RATE Group | XRP/USD has been punished by $0.3000 breakthrough failure
65560
post-template-default,single,single-post,postid-65560,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

XRP/USD has been punished by $0.3000 breakthrough failure

16 Oct XRP/USD has been punished by $0.3000 breakthrough failure

Posted at 14:44h in Cryptocurrency News by

[ad_1]

  • Ripple’s XRP price is trading with gains of some 4.50% in the session on Monday. 
  • XRP/USD has been on the decline since being hit with rejection at the pychological $0.3000 mark. 
  • The price is at risk of breaking out from a bearish flag structure via the daily. 

 

XRP/USD daily chart

Daily price action is moving within a bearish flag pattern, subject to a potential breakout. 

XRP/USD 60-minute chart

An ascending trend line of support can be observed via the 60-minute chart view. 

 

Spot rate:                 0.2828

Relative change:      -1.95%

High:                         0.2923

Low:                          0.2815

 

[ad_2]

Source link

Tags:
, , , ,