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  • Ripple on Thursday is seen holding small gains of 0.5%, after receiving a blow in the latter stages of trading on Wednesday.
  • XRP/USD upside momentum is gradually resurfacing, in an attempt to break down resistance seen in the early $0.51 area.

 

XRP/USD 60-minute chart

 

Spot rate:                    0.49280

Relative change:         +0.67%

High:                           0.49356

Low:                            0.47560

 

Trend:                          Neutral/Bullish.

 

Resistance  1:             0.49800, 50MA.

Resistance 2:             0.50850, supply zone entrance.

Resistance 3:              0.52000, 3rd July high.

Support 1:                  0.47950, 100MA.

Support 2:                  0.47555, (support on 60-minute chart).  

Support 3:                  0.46451, 7th July low.