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  • XRP was trading down over 4% in the latter part of Friday’s session.
  • XRP/USD price broke out to the downside from a rising wedge pattern.
  • The weekend will be key was to whether XRP/USD can close up for the week in positive territory.  

XRP/USD 4-hour chart

 
 

Spot rate:                   0.3648

Relative change:       -4.15%

High:                          0.3830

Low:                           0.3538

 

Trend:                         Bearish

 

Support 1:                   0.3587, daily pivot point support.

Support 2:                   0.3461, daily pivot point support.

Support 3:                   0.3237, 25 November low.

Resistance 1:              0.3800, underneath breached wedge.

Resistance  2:              0.3938, daily pivot point resistance.

Resistance  3:              0.4065, daily pivot point resistance.