Ripple’s XRP technical analysis: XRP/USD hit with another hammer blow at $0.3000

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  • Ripple’s XRP price is trading with losses of some 3.50% in the session on Tuesday. 
  • XRP/USD bulls again failed to break down the resistance at the $0.3000 territory. 
  • The price is forced to remain within the confinements of a bearish flag structure via the daily. 

 

XRP/USD daily chart

Daily price action failed and was rejected again at the psychological $0.3000 zone. 

XRP/USD 60-minute chart

There is a safety net with an ascending trend line of support via the 60-minute chart view. 

 

Spot rate:                 0.2958

Relative change:      -3.50%

High:                         0.3023

Low:                          0.2849

 

 

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