[ad_1]
- The bulls can see gains of 1.6% in the last part of Tuesday.
- The formation of the double fund can be observed on the daily chart for XRP / USD.
Ripple's XRP price posted modest gains of 1.6%, in the last stages of Tuesday's trading. The XRP / USD had risen higher in the early part of trading, thanks to renewed market sentiment, on the listing of futures on the Nasdaq Bitcoin for 2019.
The XRP / USD daily candle is seen around a lower double area, which could very well see a higher rise in the next sessions. The bulls must gather enough momentum to repeat the test and break $ 0.4000 for a higher raise.
As mentioned, short-term resistance should be raised to $ 0.4000. An upside breakout here, could open the door for a quick return to the territory of the price of $ 0.5000. The support seems robust around the recent lower area, which is seen around $ 0.3500.
Daily XRP / USD chart
Get the 5 most predictable currency pairs
