- Ripple price seen up a minor 0.7% during trading on Monday, as price continues lack of progress.
- XRP/USD has been stuck in this mundane 6 cent price range for the past 10 sessions now.
- General market consensus is for another kick of life back into the crypto market come early September, once the summer holidays are officially over.
XRP/USD 60-minute chart
Spot rate: 0.32505
Relative change: +0.70%
High: 0.33127
Low: 0.32141
Trend: Bullish
Support 1: 0.32172, supporting ascending trend line.
Support 2: 0.31550, demand zoned.
Support 3: 0.28818, 11th August low.
Resistance 1: 0.33050-10, upper part of rising wedge and supply zone.
Resistance 2: 0.35018, 10th August high and supply area.
Resistance 3: 0.36300, supply zone.