- Ripple’s XRP price is trading in the red by some 5.50% in the session on Tuesday.
- XRP/USD made a solid break and return into the $0.2000 territory in the prior session.
- At risk of possible profit-taking from the large move seen on Monday.
XRP/USD daily chart
A daily support zone should be noted at $0.2160 down to $0.2000 range, a breach would likely see $0.2000 tested again to the downside.
XRP/USD 60-minute chart
Key near-term demand is being tested, following the price losing ground within the mid $0.22 region, where supply is observed.
Spot rate: 0.2103
Relative change: -5.55%
High: 0.2255
Low: 0.1943
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