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  • Ripple’s XRP price is trading in the green by some 0.90% in the session on Tuesday.
  • XRP/USD remains vulnerable as it trades underneath the psychological $0.2000.  
  • Price action is consolidating, subject to further downside pressure given current technical behaviour.  

XRP/USD weekly chart

Price action is running towards its  third week in the red, following the critical weekly support breach at $0.2150.

XRP/USD daily chart

Price action via the daily chart view is moving within a bearish pennant pattern, subject to a breakout.  

 

Spot rate:                 0.1918      

Relative change:       +0.90%

High:                         0.1929

Low:                           0.1889