- Ripple price ran into trouble on Wednesday, after starting the session firmly, to then be down 1.80%.
- XRP/USD dealt a blow within sell zone within the early $0.60 region, price also ran into overbought territory on the RSI.
- 100MA on the 30-minute chart, caught the price from a further fall.
XRP/USD 30-minute chart
Spot rate: 0.5897
Relative change: -1.80%
High: 0.6286
Low: 0.5844
Trend: Bearish
Support 1: 0.5861, 100MA.
Support 2: 0.5731, (support on 30-minute chart).
Support 3: 0.5441, 29th May low.
Resistance 1: 0.6034, (resistance on 30-minute chart)
Resistance 2: 0.6097, 29th May high.
Resistance 3: 0.6200, supply zone area.
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