- Ripple price seen up a modest 1.15%, through the mid-point of trading on Thursday.
- XRP/USD is currently undergoing a formation of a bullish pennant pattern, subject to a breakout.
XRP/USD 4-hour chart
Spot rate: 0.32174
Relative change: +1.15%
High: 0.32590
Low: 0.31606
Trend: Bullish
Resistance 1: 0.32896, 50MA.
Resistance 2: 0.33274, 100MA.
Resistance 3: 0.34000, (resistance on 60-minute chart).
Support 1: 0.31500, demand zone.
Support 2: 0.31200, lower part of pennant pattern.
Support 3: 0.28800, (support on 60-minute chart).
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