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  • Ripple’s XRP Price on Tuesday is trading broadly flat, but nearing an explosive breakout.  
  • XRP/USD price action via the daily time frame is moving in a narrowing nature within a triangular structure.  
  • Given the persistent failure to sustain any upside momentum, it does appear the bears could very much look at capitalizing  soon.  


Spot rate:                  0.3120

Relative change:       -0.03%

High:                          0.3131

Low:                           0.3075

       Daily SMA20:  0.3179
       Daily SMA50:  0.3119
       Daily SMA100:  0.3277
       Daily SMA200:  0.3777
       Previous Daily High:  0.316
       Previous Daily Low:  0.3091
       Previous Weekly High:  0.3236
       Previous Weekly Low:  0.3011
       Previous Monthly High:  0.3505
       Previous Monthly Low:  0.2879
       Daily Fibonacci 38.2%:  0.3118
       Daily Fibonacci 61.8%:  0.3134
       Daily Pivot Point S1:  0.3089
       Daily Pivot Point S2:  0.3055
       Daily Pivot Point S3:  0.3019
       Daily Pivot Point R1:  0.3158
       Daily Pivot Point R2:  0.3194
       Daily Pivot Point R3:  0.3227

   XRP/USD 60-minute chart

  • Price struggling to breakdown near-term supply area around $0.3130 region.

XRP/USD daily chart

  • Price remains within the confinements of a triangular pattern structure, nearing a breakout.