Stay 
Trading Conditions
Products
Tools
In previous posts we noted the bearish pattern in XRPUSD as it had formed a descending triangle pattern. Price was respecting the support around the $1 price level. However the bounces where getting weaker and weaker.
Red line -resistance
XRPUSD is trading around $0.95 after making a low around $0.90. Price is in a bearish trend as price continues making lower highs and new lower lows. We have warned bulls that as long as price was below $1.13-$1.25, XRPUSD would remain vulnerable to a move towards $0.85-$0.80. Yesterday highs are where the key short-term resistance is found, so bulls will need to break above $1.05-$1.065 in order to change trend to bullish.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
