- 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
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