FX.co ★ XRPUSD under pressure like most coins.

XRPUSD is trading around $0.72. XRPUSD has so far made a high around $0.9150 and formed a lower high relative to the $1.0145. If this trend persists, then we should expect a move lower and maybe a lower low towards $0.50 or lower.

Red line - resistance

Black lines -Fibonacci retracements

XRPUSD is in a short-term downtrend after the rejection at the 50% retracement. With price still inside the long-term triangle pattern, traders need to be patient as this cryptocurrency needs a lot of work and time before it starts its next major trend.