Search ForexCrunch
  • Ripple price on Tuesday nursing losses yet again, down around 2.5% in the session.  
  • XRP/USD continues to cool, after touted profit taking up at the weekend highs, around $0.62 mark.  
  • Price action is being cushioned by an ascending trend line, preventing a big wave of selling for now, as long as it holds.  

 

 

XRP/USD 60-minute chart  


 
 

Spot rate:                   0.56211

Relative change:       -2.45%

High:                          0.58100

Low:                           0.55049

 

Trend:                        Bearish

 

Support 1:                  0.55100, ascending trend line.  

Support 2:                  0.53530, support on 60-minute chart.  

Support 3:                  0.51430, demand zone.  

Resistance  1:             0.56410, 100MA (60-minute).  

Resistance  2:             0.5745, 50MA (60-minute).  

Resistance  3:             0.62000, supply zone & 30 September high area.