Home Ripple Technical  Analysis: XRP/USD bears moving in like taking candy away from a baby on the small bull gains
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Ripple Technical  Analysis: XRP/USD bears moving in like taking candy away from a baby on the small bull gains

  • Ripple price on Friday was again on the back foot, after a small bounce seen on Friday.
  • XRP/USD with latest relief bounce unable to break back above the $0.30 region, seeing sellers enter.

 

 

XRP/USD 4-hour chart  


 

Spot rate:                    0.28980

Relative change:        -3.92%

High:                           0.30419

Low:                            0.28071

 

Trend:                         Bearish

 

Support 1:                  0.28060, bottom area 6 September.

Support    2:                 0.26750   ,  5 September long wick & low.

Support    3:                 0.2650, demand area.

Resistance 1:              0.29500, 50MA.

Resistance 2:             0.29750, resistance on 60-minute chart.

Resistance 3:             0.3000, big  psychological  resistance  area.  

 

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