Ripple price was licking it wounds on Friday, down over 2.5% in the session, after the bullish trend lost stability. XRP/USD price action has been narrowing since Wednesday, within a pennant formation, a breakout is now eyed. There has been a lack commitment with trend, since the heavy bull run seen last week. XRP/USD 60-minute chart Spot rate: 0.52980 Relative change: -2.62% High: 0.55114 Low: 0.51227 Trend: Bearish Support 1: 0.52000, lower part of pennant pattern. Support 2: 0.51250, 100MA (60-minute). Support 3: 0.50000, psychological level & demand zone. Resistance 1: 0.53200, 50MA (60-minute) Resistance 2: 0.54090, upper part of pennant. Resistance 3: 0.55100, resistance on 60-minute chart. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Atlanta Fed: GDPNow estimate for real GDP growth in Q3 edges down to 3.6% FX Street 4 years Ripple price was licking it wounds on Friday, down over 2.5% in the session, after the bullish trend lost stability. XRP/USD price action has been narrowing since Wednesday, within a pennant formation, a breakout is now eyed. There has been a lack commitment with trend, since the heavy bull run seen last week. XRP/USD 60-minute chart Spot rate: 0.52980 Relative change: -2.62% High: 0.55114 Low: … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.