|

Ripple's XRP Analysis: XRP/USD near-term vulnerabilities remain

  • Ripple's XRP is trading up on Friday by some 1.3%, in the second half of the session.
  • XRP/USD price action has formed a bearish flag/wedge pattern across the 60-minute and daily time frame. 

XRP/USD 15-minute chart

  • Price action moving within and respecting a rising channel pattern formation. 

Spot rate:               0.3208

Relative change:    +1.30%

High:                       0.3248

Low:                        0.3145

Trend:                      Neutral/Bearish

Trends:
    Daily SMA20: 0.3146
    Daily SMA50: 0.315
    Daily SMA100: 0.3364
    Daily SMA200: 0.3775
Levels:
    Previous Daily High: 0.3209
    Previous Daily Low: 0.3101
    Previous Weekly High: 0.3505
    Previous Weekly Low: 0.2982
    Previous Monthly High: 0.3505
    Previous Monthly Low: 0.2879
    Daily Fibonacci 38.2%: 0.3168
    Daily Fibonacci 61.8%: 0.3142
    Daily Pivot Point S1: 0.3111
    Daily Pivot Point S2: 0.3052
    Daily Pivot Point S3: 0.3003
    Daily Pivot Point R1: 0.3219
    Daily Pivot Point R2: 0.3268
    Daily Pivot Point R3: 0.3326

XRP/USD 60-minute chart

  • Rising wedge or somewhat of a bearish flag pattern formation can be observed via the 60-minute. 

XRP/USD daily chart

  • Price action via the daily remains somewhat subdued, trading within a rising wedge formation. 

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

More from Ken Chigbo
Share:

Editor's Picks

Ripple slides to $1.45 as downside risks surge

Ripple edges lower at the time of writing on Tuesday, from the daily open of $1.48, as headwinds persist across the crypto market. A short-term support is emerging at $1.45, but a buildup of bearish positions could further weaken the derivatives market and prolong the correction.

Bitcoin slips below $68,000 as defensive stance limits recovery

Bitcoin edges lower on Tuesday, extending consolidation in a trading range for over ten days. Market conditions remain defensive, with sustainable recovery depending on renewed spot demand, report says.

Crypto Today: Bitcoin, Ethereum, XRP upside looks limited amid deteriorating retail demand

The cryptocurrency market extends weakness with major coins including Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trading in sideways price action at the time of writing on Tuesday.

Meme Coins Price Prediction: Bears push Dogecoin, Shiba Inu, Pepe to the ropes

Meme coins, including Dogecoin, Shiba Inu, and Pepe, are under pressure on Tuesday, extending Sunday’s decline. The derivatives data show substantial outflows from DOGE, SHIB, and PEPE futures Open Interest, primarily driven by long-side-skewed liquidations. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: BTC bears aren’t done yet

Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.