Ripple’s XRP technical analysis: XRP/USD bears are further forcing loss of the big $0.3000 mark

• Ripple’s XRP price on Monday is trading in negative territory by 1.20%, as pressure remains on following loss of $0.3000 mark.  

• XRP/USD is further losing ground on the big psychological $0.3000 mark.  

• The big demand zone for XRP/USD runs from $0.3000 down to $0.2500.  

Spot rate:                0.2990    

Relative change:       -1.20%

High:                         0.3053

Low:                           0.2979

XRP/USD daily chart

• Price action is moving deeper within the demand zone of $0.3000-0.2500.  

XRP/USD 60-minute chart

•  Vulnerabilities point to the downside with the price underneath the $0.3000 price area.