Home Ripple Technical  Analysis: XRP/USD on a mission of recovery as price looks for complete reversal
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Ripple Technical  Analysis: XRP/USD on a mission of recovery as price looks for complete reversal

  • Ripple price storms ahead with big gains on Friday, jumping over 12%.  
  • XRP/USD looking set to completely retrace the excessive drop seen on Thursday.  

 

XRP/USD 60-minute chart  


 
 

Spot rate:                   .0.43396

Relative change:       +13.72%

High:                          0.44889

Low:                           0.37795

 

Trend:                        Bearish

 

Resistance  1:            0.44500, resistance on 60-minute chart.

Resistance  2:            0.46000-47000, prior acting demand zone.  

Resistance  3:            0.50000, big psychological level and supply area.  

Support 1:                 0.41400, support on 60-minute chart.

Support  2:                 0.37600,  demand zone.

Support  3:                 0.36000, consolidation area 20 September.  

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