- XRP was trading flat in the latter stages of Thursday’s session, however the foundations are there for a decent bull run.
- XRP/USD broke out from a bull flag set up and has seen the retest, leaving the door open for further upside.
- Bulls first major target will look to be within the $0.48-0.49 territory.
XRP/USD 60-minute chart chart
Spot rate: 0.46061
Relative change: -0.05%
High: 0.46270
Low: 0.45870
Trend: Neutral/Bearish
Support 1: 0.45630, ascending trend line.
Support 2: 0.45290, 4-hour support.
Support 3: 0.44190, 23 October low area.
Resistance 1: 0.46850, resistance on 4-hour chart.
Resistance 2: 0.47300, 24 October high.
Resistance 3: 0.4800-0.4900, supply zone.
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