- Ripple’s XRP is seen holding gains of 1%, after a jump late in the session.
- XRP/USD bears have been testing a big daily support area seen around $0.2989, over the past few days.
Ripple’s XRP price was seen holding very minor gains of around 1% late in the session on Tuesday. This coming after a generally muted day, a lack of commitment continues to be observed across the market wide.
XRP/USD has been toying with a critical near-term daily support level, see at around $0.2989. It is the last hope of holding around the $0.3000 mark, before chunky selling comes into play. This support has been busy over the past five sessions.
Looking at the daily confluence detector, in terms of big barriers of resistance; 0.3049, daily pivot point resistance and weekly 38.2% Fibonacci, $0.3254, monthly 38.2 Fibonacci. Further north, there is a chunky area of supply seen from $0.3400, running up to $0.3500.
XRP/USD Daily Confluence Detctor
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