XRPUSD trades weak as Ripple Co-Founder supports Kamala Harris in US elections. It hit a low of $0.50263 and is currently trading around $0.53704.
Ripple Co-Founder Chris Larsen' joined 88 corporate leaders who support Kamala Harris to be the next US president in a letter.
Horizontal trend line- $0.680
Any daily close below $0.50 confirms further bearishness.
The pair holds below the short-term (34 and 55-day EMA) and long-term moving average (200-day EMA).
The near-term resistance is around $0.5500, any indicative breach above will take the pair to 0.5800/0.6170/0.6320/$0.650/$0.68/$0.75/0.820/0.900/$1. On the lower side, immediate support is $0.500, and any violation below targets $0.50/$0.45/$0.40.
Indicators ( 4- hour chart)
Directional movement index -Neutral
CCI (50)- Bearish
CCI(14)- Bullish
It is good to buy on dips around $0.5350 with SL around $0.40 for TP of $1.


FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro- Woodies Pivot(Major)
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks
FxWirePro: EUR/CAD tumbles as strong Canadian jobs data fuels BoC rate-hike bets 



