- Ripple is extending on the foundations that were laid on Tuesday, seen up 1.2%.
- Like a number of other altcoins a bullish pennant pattern can be eyed on XRP/USD.
XRP/USD 60-minute chart
Spot rate: 0.51300.
Relative change: +1.20%.
High: 0.52467.
Low: 0.50651.
Trend: Neutral/Bullish.
Resistance 1: 0.51692, upper part of pennant pattern.
Resistance 2: 0.51876, (resistance on 60-minute chart).
Resistance 3: 0.52467, today’s (Wednesday) low.
Support 1: 0.50857, lower part of pennant.
Support 2: 0.50673, (support on 60-minute chart).
Support 3: 0.49250 demand zone.