- Ripple’s XRP is seen down just shy of 1% in through the mid-point of the session.
- XRP/USD is broken from an ascending wedge pattern as seen on the 60-minute chart.
- Eyes are on for the potential retest of the broken wedge, resistance underneath the pattern can be seen at $0.4825.
XRP/USD 60-minute chart
Spot rate: 0.47302
Relative change: -0.90%
High: 0.49438
Low: 0.47602
Trend: Bearish
Support 1: 0.46560, support on 60-minute chart.
Support 2: 0.44270, 15th October low.
Support 3: 0.38800, demand zone.
Resistance 1: 0.48250, underneath broken wedge.
Resistance 2: 0.48660, resistance on 60-minute chart.
Resistance 3: 0.49400, upper trend line of wedge.
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