Ripple’s XRP price is trading down with losses of some 4.20% in the session on Thursday. XRP/USD bulls failed to breakdown the chunky barrier of resistance around the $0.2800-0.2900 area. Price action can be seen moving within an ascending channel structure, which could be also viewed as a bearish flag. XRP/USD daily chart The bulls so far have faltered at the barrier of $0.2800-0.2900, which could prove to be a problem by inviting sellers to come into play. XRP/USD 60-minute chart Support will likely be sought below at the ascending trend line seen via the 60-minute. Spot rate: 0.2815 Relative change: -4.20% High: 0.2825 Low: 0.2660 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Forex News Today: Daily Trading News share Read Next US: Inflation concerns ease – ING FX Street 4 years Ripple's XRP price is trading down with losses of some 4.20% in the session on Thursday. XRP/USD bulls failed to breakdown the chunky barrier of resistance around the $0.2800-0.2900 area. Price action can be seen moving within an ascending channel structure, which could be also viewed as a bearish flag. XRP/USD daily chart The bulls so far have faltered at the barrier of $0.2800-0.2900, which could prove to be a problem by inviting sellers to come into play. XRP/USD 60-minute chart Support will likely be sought below at the ascending trend line seen via the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.