Home Ripple’s XRP technical analysis: XRP/USD troubled by big barrier at $0.2300
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Ripple’s XRP technical analysis: XRP/USD troubled by big barrier at $0.2300

FX Street
Published date:
  • Ripple’s XRP price is trading in the red by some 0.90% in the session on Tuesday.
  • XRP/USD price action remains narrow via the daily, which has been in the case since 24 November.
  • The price has been falling for five consecutive weeks, as the stubborn trend south remains.  

 

XRP/USD daily chart

A large daily barrier should be noted at $0.2300, preventing the price from further upside pressure

XRP/USD 60-minute chart

Price action breached a near-term ascending trend line, which invited another wave of pressure south.  

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Spot rate:                 0.2230        

Relative change:       -0.90%

High:                         0.2257

Low:                           0.2212

 

 

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