- XRP / USD is glued to $ 0,3600 handle.
- The announcement of Skrill has gone unnoticed so far.
XRP / USD flirts with $ 0.3600, down 2.5% from this Sunday hour. The second largest currency with a market value of $ 14.5 is blocked within the downtrend following a series of unsuccessful attempts to cancel the $ 0.40 hurdle.
Meanwhile, the Skrill payment system has added support for the XRP currency to meet customer demand. While the company announced the decision of the previous week, the market's reaction has so far been attenuated.
"We are thrilled to announce that #XRP has been added to the #cryptocurrencies list that you can buy and sell with Skrill, thanks to everyone who has asked for information on @Ripple.
XRP is the fifth digital resource available on Skrill together with BTC, BCH, ETH and LTC.
The technical framework of Ripple
From an intraday point of view, the rise in XRP is limited by a strong resistance area of $ 0.3685 – $ 0.3700, created by a confluence of SMA50 (4 hours), SMA100, SMA200 and SMA50 (1 hour) ). Once it has been canceled, the currency can extend the rise towards the aforementioned psychological $ 0.40.
On the downside, support stands at the recent low of $ 0.3559 and the trendline broken from the November 18 high to $ 0.5269 (currently at $ 0.3520). Once below, the sell-off can be extended to $ 0.33 and the recent low of $ 0.3237.
XRP / USD, 4-hour chart