• Ripple's XRP price nursing losses in the session on Tuesday of some 1.55%. 
  • XRP/USD bears are penetrating vital near-term support within the $0.3000-0.2900.
  • A breach of the above-mentioned can expose a fall down to the pits of $0.25-0.20.

 

XRP/USD 60-minute chart
 

 

Spot rate:                  0.2987

Relative change:      -1.35%

High:                         0.3119

Low:                          0.2969

 

Trend:                        Bearish

 

Support 1:                  0.2939, daily pivot support. 

Support 2:                  0.2856, daily pivot point support.

Support 3:                  0.2734, daily pivot point support.

Resistance 1:             0.3144, the upper part of the ascending channel.

Resistance 2:             0.3266, daily pivot point resistance.

Resistance 3:             0.3349, daily pivot point resistance.

 

XRP/USD daily chart

  • Via the daily, price action can be seen within this tight consolidation mode, subject to a breakout to the downside. 

 


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