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  • Ripple’s XRP price on Wednesday is trading every so marginally in the green, gains of 0.30%.
  • XRP/USD receives comfort from the reliable psychological $0.3000 price area, buyers continue to protect.  
  • Another retest appears to be underway of the breached ascending wedge/flag structure.  

 

Spot rate:                   0.3023

Relative change:       -1.50%

High:                          0.3029

Low:                           0.2964

XRP/USD 60-minute chart

  • Price bounces off the key near-term ascending trend line, but there is still much in the way of resistance through the $0.3000 region.  

XRP/USD daily chart

  • Price managed to catch some support once again around big demand zone, just under the psychological $0.3000 mark.