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  • Ripple’s XRP price on Tuesday is trading in the red, down some 0.90%.  
  • XRP/USD price action is moving within consolidation mode, having formed a bearish pennant structure.  
  • The price is very much narrowing, subject to a potential breakout, given the lack of room to manoeuvre.  


Spot rate:                  0.2680

Relative change:       -0.90%

High:                          0.2805

Low:                           0.2643


XRP/USD daily chart

  • Price action moving within a bearish pennant structure, subject to a breach.  

XRP/USD 60-minute chart

  • Near-term demand around the $0.2600 price territory, protecting the price from dropping further.