- Ripple see nursing losses just shy of 2% in the session on Friday, as the price further remains on the back foot.
- XRP/USD downside cut short by the upper part of a broken bull pennant.
- Should the support around $0.3230 hold, eyes will be on another test of the troublesome $0.35 resistance territory.
XRP/USD 4-hour chart
Spot rate: 0.32852
Relative change: -1.88%
High: 0.33490
Low: 0.32730
Trend: Bearish
Support 1: 0.32590,100MA.
Support 2: 0.32300, on top of broken pennant.
Support 3: 0.31880, support on 4-hour chart.
Resistance 1: 0.33118. 50MA.
Resistance 2: 0.34550, resistance on 4-hour chart.
Resistance 3: 0.35500, heavy supply zone.
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