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Riple’s XRP technical analysis: XRP/USD tug of war with $0.4000

  • Ripple’s XRP in the second half of Monday is very minor gains of some 0.70%.
  • XRP/USD continues to flirt with the big $0.4000 mark, following the recent breach to the downside.  
  • Daily price action is moving within a bullish flag structure for XRP/USD.  

 

Spot rate:                  0.4012

Relative change:       +0.70%

High:                         0.4017

Low:                          0.3934

XRP/USD 60-minute chart

  • Price action via the 60-minute chart view is moving within an ascending channel formation.

XRP/USD daily chart

  • The price via the daily chart view continues to flirt with a critical ascending trend line of support.  

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