Ripple's XRP technical analysis: XRP/USD subject to a breakout from bearish pennant structure
|- Ripple's XRP price is trading in the red on Monday, holding losses of some 0.70%.
- XRP/USD is moving within the confinements of a bearish pennant structure via the daily.
- The big psychological $0.3000 mark remains vulnerable of giving way to the bears.
Spot rate: 0.3091
Relative change: -0.05%
High: 0.3141
Low: 0.3062
XRP/USD 60-minute chart
- The price via the 60-minute is moving within a bearish flag structure, vulnerable to downside risks.
XRP/USD daily chart
- Price action has been moving within the confinements of a bearish pennant structure.
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