Ken Chigbo
Independent Analyst
- Ripple's XRP price pops higher in the mid part of Tuesday, holding onto gains of 0.8%.
- Despite the interim minor volatility, XRP/USD is still trapped within a mundane daily range.
XRP/USD 15-minute chart
- Supply slows down near-term bull rally, heading into the $0.3250 level.
Spot rate: 0.3222
Relative change: +0.88%
High: 0.3238
Low: 0.3083
Trend: Neutral
Support 1: 0.3159, daily pivot point support.
Support 2: 0.3114, daily pivot point support.
Support 3: 0.3070, daily pivot point support.
Resistance 1: 0.3248, daily pivot point resistance.
Resistance 2: 0.3292, daily pivot point resistance.
Resistance 3: 0.3337, daily pivot point resistance.
XRP/USD 60-minute chart
- Price receives bidding in the mid $0.31 region, after starting the session on the back foot.
XRP/USD daily chart
- XRP/USD continues its course within the stubborn mundane daily trading range.
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