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  • Ripple’s XRP price was trading up within gains of some 0.85% in the second half on Friday.
  • XRP/USD price action has done little within the past 10 weeks, narrowing as each week goes on.  

Spot rate:                  0.3167

Relative change:       +0.85%

High:                         0.3182

Low:                          0.3133

       Daily SMA20:  0.316
       Daily SMA50:  0.3115
       Daily SMA100:  0.3262
       Daily SMA200:  0.3775
       Previous Daily High:  0.319
       Previous Daily Low:  0.3001
       Previous Weekly High:  0.3236
       Previous Weekly Low:  0.3011
       Previous Monthly High:  0.3505
       Previous Monthly Low:  0.2879
       Daily Fibonacci 38.2%:  0.3073
       Daily Fibonacci 61.8%:  0.3118
       Daily Pivot Point S1:  0.3031
       Daily Pivot Point S2:  0.2922
       Daily Pivot Point S3:  0.2842
       Daily Pivot Point R1:  0.322
       Daily Pivot Point R2:  0.3300
       Daily Pivot Point R3:  0.3409

XRP/USD 60-minute chart

  • XRP/USD via the 60-minute view smashed out from a bullish flag formation and ran into sellers up within $0.3200 region.  

XRP/USD daily chart

  • Price action remains within the confinements of an ascending channel formation.  
  • A range-block formation can be observed via the daily, as price action narrows greatly.