- Ripple was seen trading broadly flat, after the bears sold the rally seen on Tuesday.
- XRP/USD is moving within a ascending channel pattern, seen on the 60-minute chart, coming after the sellers kicked in at Tuesday’s highs.
XRP/USD 60-minute chart
Spot rate: 0.45717
Relative change: -0.10%
High: 0.46538
Low: 0.45185
Trend: Neutral
Resistance 1: 0.46000, (resistance on 60-minute chart).
Resistance 2: 0.46400, supply zone entrance.
Resistance 3: 0.47070, 24th July high.
Support 1: 0.45470, lower part of ascending channel.
Support 2: 0.45435, 100MA.
Support 3: 0.45380, 50MA.
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