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  • Ripple was seen down on Wednesday by some 0.50% in the session, further cooling after the hug jump on Tuesday.
  • XRP/USD has seen a decent bounce as part of a double bottom formation, view-able on 60-minute chart.  

 

 

XRP/USD 60-minute chart  


 

Spot rate:                    0.317711

Relative change:        -0.50%

High:                           0.33563

Low:                            0.31100

 

Trend:                         Neutral

 

Resistance 1:              0.31980, resistance on 60-minute chart.  

Resistance 2:             0.32800,    resistance on 60-minute chart.  

Resistance 3:             0.33100, supply zone.  

Support 1:                   0.31100, double bottom.  

Support    2:                  0.30500,  support  on 60-minute chart.  

Support    3:                  0.29855, 50MA. (60-minute).