- Ripple’s XRP price is trading in the green by some 2.60% in the session on Friday.
- XRP/USD remains vulnerable as it traded underneath the psychological $0.2000.
- Price action is back within consolidation mode, ranging ahead of further potential moves to the downside.
XRP/USD weekly chart
Price action has been declining for the last seven weeks, as the bears maintain control. There is a lack of signage for change in direction as of yet.
XRP/USD daily chart
Price action via the daily chart view is moving within consolidation mode, ahead of further potential moves to the south.
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Spot rate: 0.1930
Relative change: +2.65%
High: 0.1959
Low: 0.1840