- Ripple is seen as one of the under-performers on Thursday, nursing sizable losses of 3.5%.
- XRP/USD bulls gave up the upside momentum seen on Wednesday, price on its way to testing near-term support within the mid $0.42 region.
XRP/USD 60-minute chart
Spot rate: 0.43138
Relative change: -3.40%
High: 0.44870
Low: 0.43205
Trend: Bearish
Support 1: 0.43000, latter part of key near-term demand zone.
Support 2: 0.42587, 1st August low.
Support 3: 0.42400, (large support on 60-minute chart).
Resistance 1: 0.43750, (resistance on 60-minute chart).
Resistance 2: 0.43905, 50MA.
Resistance 3: 0.44330,100MA.