Ripple’s XRP technical analysis: XRP/USD bulls failed to reclaim big $0.3000 mark

• Ripple’s XRP  price in the session on Monday is trading with losses of some 1.50%.
• XRP/USD bulls attempted to reclaim the $0.3000 mark, however, ran into supply.    
• The price also hit resistance retesting underneath a breached daily penannt structure.  

Spot rate:                   0.2796

Relative change:       -1.50%

High:                          0.2911

Low:                           0.2772

XRP/USD daily chart

• Price action fell short attempting to retest a breached penannt and the $0.3000 mark.  

XRP/USD 60-minute chart

• The price is caught between a range of $0.2700-0.2900 via the hourly view.