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  • Ripple price on Monday was seen down a minor 0.7%, as the bulls continue to fail to break above descending trend line.  
  • XRP/USD price action is moving within a descending channel pattern, the upper trend line has been tested, but not been broken as of yet.  

 

 

XRP/USD 60-minute chart  

 

Spot rate:                   0.27896

Relative change:        -0.73%

High:                            0.28355

Low:                            0.27700

 

Trend:                         Bearish

 

Support 1:                   0.27400, 50MA (4-hour).  

Support    2:                  0.26800, support on 4-hour chart.

Support    3:                  0.25500, chunky demand zone.

Resistance 1:             0.28200,  resistance, upper descending  trend line.  

Resistance 2:             0.28600, resistance on 4-hour chart.

Resistance 3:             0.29380, 100MA (4-hour)  

Expert score

5

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