- Ripple’s XRP price held modest gains of some 0.3% in the latter stages of trading on Friday.
- XRP/USD produced a double top formation, as seen on the 60-minute chart view.
- After the above-mentioned pattern formation, eyed on the neckline of $0.4560-70 area.
XRP/USD 60-minute chart
Spot rate: 0.4606
Relative change: +7.22%
High: 0.4595
Low: 0.4484
Trend: Neutral
Resistance 1: 0.4645, double top area.
Resistance 2: 0.4665, daily pivot point resistance.
Resistance 3: 0.4741, 23rd October high area & daily pivot point resistance.
Support 1: 0.4565, neckline as part of double top pattern.
Support 2: 0.4553, support on 60-minute & 50MA.
Support 3: 0.4379, 29 & 31st October bottom area.
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