Ripple’s XRP technical analysis: XRP/USD remains within horizontal range channel structure

• Ripple’s XRP in the second half of Tuesday’s session is trading in the red, down some 2.00%.  
• XRP/USD price action continues to move within a horizontal channel structure via the daily.  
• The psychological $0.4000 is once again causing some problems, acting as a barrier.    

Spot rate:                  0.3952

Relative change:       -2.00%

High:                         0.4081

Low:                          0.3922

XRP/USD 60-minute chart

• 60-minute chart view is tracking very closely to an ascending trend line of support.  

XRP/USD daily chart

• Price action is very much ranging via the daily chart view, a lack of committed direction for now.