- XRP price is trading in negative territory, with losses of some 0.95% on Tuesday.
- XRP/USD is flirting with a critical ascending trend line of support via the daily.
- Support should be noted at $0.1800, a major area that if breached could invite greater downside pressure.
XRP/USD daily chart
Trading conditions via the daily have remained tight for going on eight sessions, since the failure to break and close above $0.2000.
XRP/USD 60-minute chart
Near-term price action smashed out to the downside from a range-block, inviting greater downside pressure. XRP/USD can now be seen consolidating within a flag structure.
Spot rate: 0.1826
Relative change: -0.95%
High: 0.1891
Low: 0.1837