- XRP price is trading in positive territory, with gains of some 6.5% on Monday.
- XRP/USD despite the narrowing price action, the price saw another weekly closure in the green.
- There is a barrier which continues to contain upside sitting at the $0.1800 mark.
XRP/USD weekly chart
Weekly resistance is capping XRP recovery, a range at $0.1750-0.1800. Despite the upside limitations, the price has produced two consecutive weeks in green.
XRP/USD daily chart
Price action via the daily continues to move within a bearish flag structure, at risk of a breakout south.
Spot rate: 0.1735
Relative change: +6.50%
High: 0.1760
Low: 0.1625
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