Search ForexCrunch
  • 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.