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  • Ripple’s XRP price on Tuesday nursing steep losses of around 3% in the second half of the session.  
  • XRP/USD bulls do not seem to have enough momentum to breakdown $0.3500-0.3600.  

XRP/USD 15-minute chart

  • Near-term ascending trend line via the 15-minute providing some minor comfort.  

 

Spot rate:                0.3211

Relative change:     -3.01%

High:                        0.3375

Low:                         0.3166

 

Trend:                       Bearish

 

Trends:
       Daily SMA20:  0.3118
       Daily SMA50:  0.3182
       Daily SMA100:  0.3417
       Daily SMA200:  0.3776
Levels:
       Previous Daily High:  0.3408
       Previous Daily Low:  0.3004
       Previous Weekly High:  0.3505
       Previous Weekly Low:  0.2982
       Previous Monthly High:  0.3906
       Previous Monthly Low:  0.2833
       Daily Fibonacci 38.2%:  0.3254
       Daily Fibonacci 61.8%:  0.3158
       Daily Pivot Point S1:  0.3073
       Daily Pivot Point S2:  0.2836
       Daily Pivot Point S3:  0.2668
       Daily Pivot Point R1:  0.3477
       Daily Pivot Point R2:  0.3645
       Daily Pivot Point R3:  0.3882

 

XRP/USD 60-minute chart

  • Price moving within a pennant/triangular  structure, immediate support at $0.3180, resistance at $0.3280, the respective lower and upper trend lines.  

 

XRP/USD daily chart

  • Bulls continue to struggle breakdown the tough stubborn barrier at $0.3500-0.3600 price range.