- 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.
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