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  • Ripple’s XRP price on Friday is trading in the green, up some 1%.  
  • XRP/USD price action remains in a narrowing range via the daily chart view.
  • There has been a lack of movement since 15th August, within a bearish pennant structure.  
  • Buyers are heavily trying the defend the $0.2500 mark, if this fails to hold, then eyes on $0.2000.  


Spot rate:                  0.2595

Relative change:       -0.40%

High:                          0.2589

Low:                           0.2554


XRP/USD daily chart

  • Price action remains narrow within a bearish pennant structure, it is vulnerable to a breach.  

XRP/USD 60-minute chart

  • XRP/USD continues to move within a range-block formation, as seen via the 60-minute chart view.