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  • Ripple was seen nursing losses over 1%, with a softening observed across the crypto market.  
  • XRP/USD has been stuck within a 3 cent range for the past ten trading sessions.  
  • RSI is heading into the oversold territory, approaching an area on 28th July, which saw decent buying return.

 

XRP/USD 30-minute chart


 

Spot rate:                    0.44788

Relative change:        -1.16%

High:                           0.45630

 

Low:                            0.44734

 

Trend:                         Neutral/Bearish

 
 

Support 1:                  0.44850-0.44500, demand zone.

Support 2:                  0.44483, 27th July low.  

Support 3:                  0.43800, 24th July low & demand zone, prior to chunky bull run.  

Resistance 1:             0.45270, 50MA & 100MA.  

Resistance 2:             0.45600, (resistance on 30-minute chart).

Resistance 3:             0.45917,  29th July high.