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  • Ripple is trading down over 2% on Tuesday, as price consolidates post the big moves seen on Monday.  
  • XRP/USD is support in the near-term by a former resistance area, price could use this as a launch pad for further moves north.  

 

XRP/USD 15-minute chart

 

Spot rate:                                     0.47143.

Relative change:         -2.28%.

High:                            0.48364.

Low:                             0.46882.

 

Trend:                          Neutral.

 

Resistance  1:             0.47600, 23.6% Fibonacci.  

Resistance 2:             0.47755,  (resistance on 15-minute chart).

Resistance 3:             0.48000, supply zone.  

Support 1:                  0.47034, ascending supporting trend line.  

Support 2:                                    0.46980, 38.2% Fibonacci.

Support 3:                  0.46555,  (support on 15-minute chart).