Home Ripple’s XRP  technical analysis: XRP/USD dipping in critical a demand zone
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Ripple’s XRP  technical analysis: XRP/USD dipping in critical a demand zone

FX Street
Updated:
  • Ripple’s XRP price is trading with the red by some 3.00% in the session on Friday.  
  • XRP/USD is within the control  of the market bears, running towards its sixth consecutive in the red.  
  • The price saw a big test of support at the $0.2500 mark, which has proven to attract buyers.  

 

XRP/USD weekly chart

The price is set for a second consecutive  week in the  red after the October bull run lost momentum.  

XRP/USD daily chart

The pressure has been very much to the downside since a critical ascending trend line break.

Spot rate:                  0.2602

Relative change:       -3.00%

High:                          0.2694

Low:                           0.2524

 

 

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