Ken Chigbo
Independent Analyst
- Ripple’s XRP under further pressure on Friday, dropping over 4%.
- XRP/USD bears breached a key near-term area of support.
- Next firm demand zone not seen now until the $0.3500 territory.
XRP/USD 60-minute chart
Spot rate: 0.3655
Relative change: -4.25%
High: 0.3840
Low: 0.3730
Trend: Bearish
Support 1: 0.3730-10, vital near-term bottom area.
Support 2: 0.3700, daily pivot point support.
Support 3: 0.3587, daily pivot point support.
Resistance 1: 0.3840, 60-minute resistance.
Resistance 2: 0.3938, daily pivot point resistance.
Resistance 3: 0.4065, daily pivot point resistance.
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