📈 Daily TA: XRP/USD

Hello, dear members of LeoFinance!

In the daily chart (1D), XRP/USD has dropped below the 30-day Moving Average (MA 30) during the ongoing correction: Interestingly, right now, the price of XRP is consolidating at the 90-day Moving Average (MA 90). I am just curious if the price will receive enough support to rebound.

To be continued...

As of the time of writing, one XRP costs $0.8190 on the Bitstamp crypto exchange, according to TradingView.

A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years, and as a cryptocurrency analyst for the last 4 years.

Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.

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📈 Daily TA: XRP/USD | 29-05-2021