- Ripple’s XRP Monday remains on the backfoot nursing minor losses of some 0.10%
- XRP/USD is still subject to further downside pressure, with the $0.3000 vulnerable to shocks south.
- The bulls lost complete control, after an unsustainable run higher at the start of the month.
Spot rate: 0.3186
Relative change: -0.10%
High: 0.3187
Low: 0.3183
XRP/USD 60-minute chart
- Near-term price action as seen via the 60-minute chart view is moving within a bearish triangular structure formation.
XRP/USD daily chart
- Eyes are on the big $0.3000 mark which remains at threat, given the bears maintaining downside control.
Share
