Home Ripple’s XRP technical analysis: XRP/USD consolidating as the bears take a break from further selling
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Ripple’s XRP technical analysis: XRP/USD consolidating as the bears take a break from further selling

FX Street
Published date:
  • Ripple’s XRP price is trading in the green by some 2.60% in the session on Friday.
  • XRP/USD remains vulnerable as it traded underneath the psychological $0.2000.  
  • Price action is back within consolidation mode, ranging ahead of further potential moves to the downside.  

XRP/USD weekly chart

Price action has been declining for the last seven weeks, as the bears maintain control. There is a lack of signage for change in direction as of yet.  

XRP/USD daily chart

Price action via the daily chart view is moving within consolidation mode, ahead of further potential moves to the south.  

 

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Spot rate:                 0.1930      

Relative change:       +2.65%

High:                         0.1959

Low:                           0.1840

 

 

 

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