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  • Ripple’s XRP price is trading with marginally in the green by some 0.10% in the session on Thursday.  
  • XRP/USD was  dealt with a  hammer blow, after smashing out from a bearish flag formation, leaving the door open to  
  • The price is now exposed to further selling pressure given the above-described breakout.  


XRP/USD daily chart

The price remains largely  vulnerable to downside risks, given the firm breakout of a bearish flag structure.  

XRP/USD 60-minute chart

A range-block formation is observed via the 60-minute chart view, nearing a breakout.  


Spot rate:                  0.2729

Relative change:       -6.15%

High:                          0.2745

Low:                           0.2668