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  • Ripple’s XRP bounce back on Tuesday, seen up just shy of 1%.
  • XRP/USD found  decent buyers just sub-$0.4400 in Monday’s session, after being under pressure.
  • Price action is still moving within a bullish flag pattern set up, as seen on the 4-hour chart view.

 

XRP/USD 4-hour chart  


 

Spot rate:                   0.4472

Relative change:       +0.94%

High:                          0.4628

Low:                           0.4326

 

Trend:                        Bullish

 

Resistance:                0.4572, 50 & 100MAs (4-hour).

Resistance:                0.4596, upper part of flag formation.

Resistance:                0.4692, resistance (4-hour).

Support 1:                  0.4360, lower part of flag formation.

Support  2:                  0.4200, support (4-hour).

Support  3:                  0.3958, 15 October low.