- If Ripple fails to hold near-term support seen just below $0.49 at $0.4980-60, then a fast move back down to $0.4500 region.
- XRP/USD short-term bull run appears to have run out of steam, running into resistance just below $0.5200.
XRP/USD 60-minute chart
Spot rate: 0.4900
Relative change: -0.05%
High: 0.5200
Low: 0.4868
Trend: Neutral
Support 1: 0.4755, 50MA.
Support 2: 0.4662, 100MA.
Support 3: 0.4555, on top of broken bull flag.
Resistance 1: 0.5200, today’s (Tuesday) high.
Resistance 2: 0.5505, (resistance on 60-minute chart).
Resistance 3: 0.5600, entrance to supply zone.
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