Home Ripple’s XRP technical analysis: XRP/USD testing critical near-term ascending trend line of support

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Ripple’s XRP technical analysis: XRP/USD testing critical near-term ascending trend line of support

FX Street

Updated: 19 Jul. 2019 | 16:33

XRP price is trading in the red on Friday down some 2% in the second part of the day.
XRP/USD remains supported for now at the big buying area of $0.3000.
Near-term daily supply can be observed around $0.3300-0.3400 price range.

Spot rate: 0.3133

Relative change: -2.15%

High: 0.3225

Low: 0.3100

XRP/USD 60-minute chart

Near-term price action supported via the 60-minute by a key ascending trend line.

XRP/USD daily chart

The buyers are protecting the $0.3000 territory, however now stubborn resistance see at $0.3300-0.3400 capping the bulls.

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