- 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.