- Ripple trades 1.42% higher on the session but has just rejected 0.2300.
- After moving higher the chart has now consolidated in a wedge pattern.
XRP/USD 30-Minute Chart
The Ripple price chart has moved into a consolidation pattern.
It has been a decent move from 0.2020 to 0.2300 but the psychological level seems to be a tough resistance.
Now the price is heading toward the low of the pattern marked in red on the chart.
The black pattern is a much bigger one and is clearer on the hourly chart.
it is also a rising wedge and a break either side would give a clue to the further direction of price.
-637105718830898720.png)
Additional Levels
Share
