XRP Price Analysis: XRP/USD testing critical support to the downside which could be punishing
|- XRP price is trading in negative territory, with losses of some 0.10% on Tuesday.
- XRP/USD has been consolidating over the last six sessions, as the bulls lose momentum.
- Critical daily support should be noted at the range of $0.2700-0.2600.
XRP/USD daily chart
Heavy supply can be observed from $0.2750-0.2900 price range via the daily.
XRP/USD 60-minute chart
The near-term critical demand zone can be seen propping up the price at present, running from $0.2700-0.2650.
Spot rate: 0.2733
Relative change: -0.10%
High: 0.2750
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