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  • Ripple’s XRP price on Tuesday was seen up with chunky gains of 6.5%, after running through near-term resistance.
  • XRP/USD stops triggered to the upside, as price runs through $0.5000 in early hours on Tuesday.  
  • Bulls extend move higher after the breakout from a bullish flag pattern formation.  

 

XRP/USD daily chart  

 
 

Spot rate:                   0.5322

Relative change:       +6.59%

High:                          0.5031

Low:                           0.4623

 

Trend:                        Bullish

 

Resistance  1:            0.5549, daily pivot point resistance.  

Resistance  2:            0.5762,,descending trend line & supply zone.

Resistance  3:            0.6000, psychological resistance.  

Support 1:                 0.5178, support on daily.  

Support  2:                  0.5000,  psychological  level.

Support  3:                 0.4783, 50DMA.