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  • Ripple’s XRP price is trading up with marginal losses of 1.50% in the session.  
  • XRP/USD downside pressure remains on and vulnerable underneath the $0.2500 mark.  
  • XRP is heading for its worst weekly performance seen in ten weeks, as the bears regain control.  

 

XRP/USD daily chart

The price is subject to a test of the $0.2000 level, given the failure to hold $0.2500.  

XRP/USD 60-minute chart

Price action has formed a bearish flag structure, subject to a breakout via the 60-minute.  

Spot rate:                  0.2384

Relative change:       -1.50%

High:                          0.2443

Low:                           0.2367