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  • Ripple price on Friday was seen nursing minor losses of 1% in the session, after decent upside was observed on Thursday.
  • XRP/USD ran into resistance within $0.2850 area, 9th September highs, price edging back towards broken channel.  

 

 

XRP/USD 4-hour chart  


 

Spot rate:                   0.27680

Relative change:        -0.96%

High:                           0.28523

Low:                            0.27683

 

Trend:                         Bearish

 

Resistance 1:             0.28500,  supply zone.

Resistance 2:             0.29115, 9th September high.

Resistance 3:             0.30500, 6/7 September high area.

Support 1:                   0.25500, demand zone.

Support    2:                  0.25350, on top of broken descending channel.

Support    3:                  0.24668, 14th August low.

 

Expert score

5

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