Home Ripple’s XRP Technical Analysis: XRP/USD big near-term barrier $0.3250-0.3300
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Ripple’s XRP Technical Analysis: XRP/USD big near-term barrier $0.3250-0.3300

  • Ripple’s XRP price on Thursday is trading in the green, up over 0.50%.
  • XRP/USD moving within a narrow near-term range, demand supply at $0.3250, demand at $0.3150.  

XRP/USD 15-minute chart

  • XRP/USD price action has formed a bullish pennant pattern, subject to a breakout.  

 

Spot rate:                 0.3186

Relative change:     +0.55%

High:                         0.3192      

Low:                          0.3138

 

Trend:                        Neutral

 

Support 1:                 0.3139, daily pivot point support.

Support 2:                 0.3111, daily pivot point support.

Support 3:                 0.3067, daily pivot point support.

Resistance 1:            0.3210, daily pivot point resistance.

Resistance  2:            0.3254, daily pivot point resistance.

Resistance  3:            0.3282, daily pivot point resistance.

 

XRP/USD 60-minute chart

  • Demand area is solid at $0.3150 area, supply just as strong at $0.3250 region. Narrow range.

 

XRP/USD daily chart

  •  XRP/USD just as seen with the rest of the market, fails to breakout of this daily range formation.  

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