- Ripple’s XRP price is trading with losses of some 0.80% in the session on Monday.
- XRP/USD is consolidating underneath the pychological $0.3000 price territory.
- A breakdown of the noted barrier could provide a strong committed wave of buying momentum.
XRP/USD daily chart
Daily price action as it attempts to breakdown $0.3000, is moving within a bearish flag structure/ascending channel.
XRP/USD 60-minute chart
Price action is being supported to the upside by an ascending trend line via the 60-minute chart view.
Spot rate: 0.2921
Relative change: -0.80%