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  • Ripple’s XRP price is trading in the red by some 1.90% in the session on Tuesday.
  • XRP/USD price action is moving within another bearish technical structure, which would suggest further moves south.  
  • The next major area of safety to the downside remains at $0.1500.  


XRP/USD monthly chart

The price is set for another closure on the month in the red, it markets two consecutive now. As XRP heads into the new year stuck within a bearish trend, with little signs of that changing anytime soon for now. The price is sitting below critical monthly support at $0.2300.  

XRP/USD daily chart

Price action is moving within a bearish pennant via the daily, subject to a potential breakout south.  


Spot rate:                 0.1918  

Relative change:       -0.50%

High:                         0.1937

Low:                           0.1913