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  • Ripple’s XRP is trading up on Friday by some 1.3%, in the second half of the session.
  • XRP/USD price action has formed a bearish flag/wedge pattern across the 60-minute and daily time frame.  

XRP/USD 15-minute chart

  • Price action moving within and respecting a rising channel pattern formation.  

Spot rate:                0.3208

Relative change:     +1.30%

High:                        0.3248

Low:                         0.3145


Trend:                       Neutral/Bearish


       Daily SMA20:  0.3146
       Daily SMA50:  0.315
       Daily SMA100:  0.3364
       Daily SMA200:  0.3775
       Previous Daily High:  0.3209
       Previous Daily Low:  0.3101
       Previous Weekly High:  0.3505
       Previous Weekly Low:  0.2982
       Previous Monthly High:  0.3505
       Previous Monthly Low:  0.2879
       Daily Fibonacci 38.2%:  0.3168
       Daily Fibonacci 61.8%:  0.3142
       Daily Pivot Point S1:  0.3111
       Daily Pivot Point S2:  0.3052
       Daily Pivot Point S3:  0.3003
       Daily Pivot Point R1:  0.3219
       Daily Pivot Point R2:  0.3268
       Daily Pivot Point R3:  0.3326


XRP/USD 60-minute chart

  • Rising wedge or somewhat of a bearish flag pattern formation can be observed via the 60-minute.  


XRP/USD daily chart

  • Price action via the daily remains somewhat subdued, trading within a rising wedge formation.