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  • Ripple is seen as one of the under-performers on Thursday, nursing sizable losses of 3.5%.
  • XRP/USD bulls gave up the upside momentum seen on Wednesday, price on its way to testing near-term support within the mid $0.42 region.



XRP/USD 60-minute chart


Spot rate:                    0.43138

Relative change:        -3.40%

High:                          0.44870

Low:                           0.43205

Trend:                         Bearish



Support 1:                  0.43000,  latter part of key near-term demand zone.

Support 2:                  0.42587, 1st August low.

Support 3:                  0.42400, (large support on 60-minute chart).

Resistance 1:             0.43750,  (resistance on 60-minute chart).

Resistance 2:             0.43905, 50MA.

Resistance 3:             0.44330,100MA.