Home Ripple Technical  Analysis: XRP/USD is off to the moon, jumping an enormous 18%
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Ripple Technical  Analysis: XRP/USD is off to the moon, jumping an enormous 18%

  • Ripple price on Tuesday made a enormous jump of 18%, breaking above very tough resistance.  
  • XRP/USD bulls make an aggressive break to the north out from a descending channel.  

 

 

 

XRP/USD 60-minute chart  


 

Spot rate:                    0.32000

Relative change:        +18.45%

High:                           0.32840

Low:                            0.26886

 

Trend:                         Bullish

 

Resistance 1:              0.32870, session high & consolidation area before 5 September crash.

Resistance 2:             0.33960,  top area 3/4 September.

Resistance 3:             0.34000, resistance on 60-minute.

Support 1:                   0.31500, support on 60-minute.  

Support    2:                  0.30500,  top area 6 September & support.  

Support    3:                  0.27955, on top of broken channel & 50/100 MAs.  

 

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