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  • Ripple’s XRP price on Thursday trading up towards the latter part of the day, up over 1%.
  • XRP/USD vital area of demand sees buyers come in again preventing free-fall.

XRP/USD 15-minute chart

  • Clear range-trading observed via the 15-minute chart view, confined within.

Spot rate:                0.2931

Relative change:     +1.10%

High:                        0.2938

Low:                         0.2890

 

Trend:                       Bullish

 

Support 1:                0.2846, daily pivot point support.

Support 2:                0.2799, daily pivot point support.

Support 3:                0.2720, daily pivot point support.

Resistance 1:           0.2971, daily pivot point resistance.

Resistance  2:           0.3050, daily pivot point resistance.

Resistance  3:           0.3096, daily pivot point resistance.

 

XRP/USD 60-minute chart

  • Price action has formed somewhat of a bearish flag pattern formation.  

XRP/USD daily chart

  • Price manages to find buyers again, thanks to important area of demand.