Home Ripple’s XRP  technical analysis: XRP/USD forming a potential double bottom
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Ripple’s XRP  technical analysis: XRP/USD forming a potential double bottom

  • Ripple’s XRP price is trading in the green by some 1.30% in the session on Thursday.
  • XRP/USD price action is forming a potential double bottom via the daily view.
  • Eyes are on the neckline area of $0.2300-50 range of the noted formation.  

 

XRP/USD daily chart

The price has bounced off big support which could be a double bottom at around $0.2150.

XRP/USD 60-minute chart

A near-term potential bearish flag formation  can be eyed via the 60-minute chart view.  

 

Spot rate:                  0.2175

Relative change:       +1.30%

High:                          0.2189

Low:                           0.2125

 

 

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