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  • Ripple’s XRP    price in the second half of Tuesday is holding big gains of over 8%, outperforming its peers in recovery.
  • XRP/USD bears are back in control as they drag the price back down towards the breached, 2019 range.  
  • A brief escape had been seen on Tuesday, however proving to be short-lived, as it heads back down to that range.  

 

Spot rate:                  0.3047

Relative change:      -3.00%

High:                         0.3159

Low:                          0.3042

 

XRP/USD 60-minute chart

  • A retest of $0.3000 isn’t too far off, with the price cooling at some pace, as seen via the 60-minute view.  

XRP/USD daily chart

  • XRP is heading back down towards the breached range-block formation, that had contained the price for five sessions recently.