- Ripple’s XRP price is trading in the green by some 1.80% in the session on Tuesday.
- XRP/USD remains in consolidation underneath the strong resistance barrier at $0.2500.
- The price managed to close its second consecutive week in the green.
XRP/USD daily chart
The price is flirting with critical support at $0.2300, XRP could use this as a launchpad for greater gains. Failure to hold would invite a strong wave of selling pressure.
XRP/USD 60-minute chart
Price action is moving within a large triangular structure via the 60-minute view, subject to a potential breakout. Depending on the upside or downside breach, will likely dictate the further near-term trend.
Spot rate: 0.2368
Relative change: +1.80%
High: 0.2414
Low: 0.2312
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