Home Ripple’s XRP  technical analysis: XRP/USD testing a critical near-term daily support
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Ripple’s XRP  technical analysis: XRP/USD testing a critical near-term daily support

  • Ripple’s XRP price is trading with the red by some 1.80% in the session on Wednesday.  
  • XRP/USD is within the control  of the market bears, running towards its fifth consecutive session in the red.  
  • The price is trading at its lowest levels in almost two weeks.  

 

XRP/USD weekly chart

The next major weekly support area to the downside is eyed at $0.2500.

XRP/USD daily chart

After the price breached a vital near-term trend line, the bears have been in control. Daily support being tested to the downside at $0.2670.

Spot rate:                  0.2673

Relative change:       -1.80%

High:                          0.2730

Low:                           0.2633

 

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