Hello, Traders! Monfex is at your service and today we overview XRP/USD logarithmic chart.
The price is near the resistance zone , under the middle line of the descending channel and MA100. If bears will take the price under a key support level and fix it near the local support lines, then we should expect a further decline movement. But if bulls will hold their positions at the key support level, then we have more confidence in growth.
The resistance zone ~ $0.375
The key resistance level~ $0.327
The key support level ~ $0.285
Market Cap $12 727 175 303 USD
Volume (24h) $2 164 082 416 USD
Circulating Supply 43 248 091 671 XRP
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Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.