- Ripple’s XRP price was seen trading marginally in positive territory by some 1.60% on Monday.
- XRP/USD is now caught under a prior acting support around 0.3250-0.3300.
XRP/USD 15-minute chart
- Price supported near-term by an ascending trend line, but capped by supply into $0.3300.
Spot rate: 0.3234
Relative change: +1.65%
High: 0.3277
Low: 0.3181
Trend: Bearish
Support 1: 0.3104, daily pivot point support.
Support 2: 0.3023, daily pivot point support.
Support 3: 0.2893, daily pivot point support.
Resistance 1: 0.3315, daily pivot point resistance.
Resistance 2: 0.3445, daily pivot point resistance.
Resistance 3: 0.3526, daily pivot point resistance.
XRP/USD 60-minute chart
- Price attempting to squeeze back into a breached range-block formation. Resistance can be seen heading into $0.3300.
XRP/USD daily chart
- XRP/USD had been supported by a key area seen from $0.3300-0.3250, which really is the last major level ahead of giving up the $0.3000 mark.
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