- Ripple’s XRP is trading broadly flat on Tuesday, within a narrowing range-block, via the daily.
- XRP/USD bulls need to clear near-term resistance $0.3400-0.3500 for explosive move out of range.
XRP/USD 15-minute chart
- Price extended to the upside from a flag/wedge pattern, subject to further moves north within the near-term view.
Spot rate: 0.3354
Relative change: -0.20%
High: 0.3390
Low: 0.3304
Trend: Bullish
Support 1: 0.3217, daily pivot point support.
Support 2: 0.3074, daily pivot point support.
Support 3: 0.2967, daily pivot point support.
Resistance 1: 0.3466, daily pivot point resistance.
Resistance 2: 0.3574, daily pivot point resistance.
Resistance 3: 0.3716, daily pivot point resistance.
XRP/USD 60-minute chart
- Price action has broken out of a bull flag type formation, near-term.
XRP/USD daily chart
- Price action is stuck within a narrowing range on the daily, the key to a breakout is a move above $0.34-0.35.
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