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  • Ripple’s XRP price on Thursday is trading in negative territory, nursing losses over 2%.  
  • XRP/USD daily chart view is moving within somewhat of a bullish flag structure, as the price cools.  
  • The $0.3000 remains under consistent daily threat by the bears, as they look to force the price down to the next major demand zone $0.2500.  

 

Spot rate:                   0.2986

Relative change:       -2.15%

High:                          0.3039

Low:                           0.2971

XRP/USD 60-minute chart

  • Big price defending around the $0.3000-0.2850 region can be observed via the 60-minute.  

XRP/USD daily chart

  • Price action via the daily is moving within the confinements of a bullish flag structure.