- Ripple’s XRP price is trading in the red by some 1.70% in the session on Monday.
- XRP/USD price action is breaking out of a narrowing range, with $0.2000 insight for a potential bear attack.
- The price has been falling for six consecutive weeks, as the stubborn trend south remains.
XRP/USD weekly chart
Price action is largely tilted to the south, with the next major weekly support eyed at $0.2000.
XRP/USD daily chart
The market bears are breaking down a critical support area, $0.2300-0.2100.
Spot rate: 0.2137
Relative change: -1.70%
High: 0.2197
Low: 0.2109
Share
