Home Ripple’s XRP Technical Analysis: XRP/USD takes a huge leap higher, bulls must capitalize further
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Ripple’s XRP Technical Analysis: XRP/USD takes a huge leap higher, bulls must capitalize further

  • Ripple’s XRP holding chunky gains of over 6% on Monday, thanks to a big boost across the market.  
  • XRP bulls forced a move back into the $0.3000 territory, highest level in 4 sessions.  

 

XRP/USD 15-minute chart


 

 

Spot rate:                   0.3063

Relative change:       +6.12%

High:                          0.3122

Low:                           0.2870

 

 

Trend:                         Bullish

 

Resistance 1:              0.3080, daily pivot point support.

Resistance  2:              0.3100-50, supply area and 12-13 high.

Resistance  3:              0.3207, 7 December high.

Support 1:                   0.2836, daily pivot point support.

Support 2:                   0.2783, daily pivot point support.

Support 3:                   0.2715, daily pivot point support.

 

XRP/USD 60-minute chart

  • Near-term supply area has slowed the bulls down, following the chunky surge higher on Monday.

XRP/USD daily chart

  • Price action continues to move within a range-block, bulls must break down $0.3150 for greater upside.  

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