Ken Chigbo
Independent Analyst
- XRP price is trading in negative territory, with losses of some 1.70% on Friday.
- XRP/USD bulls have struggled to break down supply ahead of the big $0.20 level.
- The price remains at risk of reversing the phenomenal gains of Thursday.
XRP/USD daily chart
The price retested and has so far been dealt with rejection, following a daily flag retest.
XRP/USD 60-minute chart
The bulls are failing to break down the chunky area of supply running into the early $0.19 price region.
Spot rate: 0.1890
Relative change: -0.90%
High: 0.1918
Low: 0.1864
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