Search ForexCrunch
  • Ripple’s XRP price on Thursday is trading in very minor positive territory up some 0.50%.
  • XRP/USD bulls are capped to the upside by resistance seen at $0.3500.  
  • Looking further to the north, chunky supply can be observed heading into the $0.4000.  

Spot rate:                   0.3389

Relative change:       +0.50%

High:                          0.3491

Low:                            0.3213

XRP/USD 60-minute chart

Price action via the 60-minute formed somewhat of a bearish evening / shooting star, rejection at $0.3500.  

XRP/USD daily chart

  • A big barrier to the upside can be seen at $0.3500, a break here should open the door for a retest up towards the $0.4000 area.