- Ripple seen nursing losses on Monday of 1.8%, inline with the easing in prices across the board.
- XRP/USD price action produced a bullish reversal hammer candlestick, indicating of another attempt north.
- The Ripple price has received another boost within a strong touted demand area.
XRP/USD 60-minute chart
Spot rate: 0.33588
Relative change: -1.80%
High: 0.34270
Low: 0.33251
Trend: Bearish
Support 1: 0.33450, demand area entrance.
Support 2: 0.33250, lower wick of hammer.
Support 3: 0.32700, 31st August low.
Resistance 1: 0.33800. 50MA.
Resistance 2: 0.34200, 100MA & resistance on 60-minute chart.
Resistance 3: 0.35000, supply area.
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