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  • Ripple’s XRP price is trading with the red by some 1.50% in the session on Friday.  
  • XRP/USD has been forced to retest a critical price zone around the $0.2500 territory.  
  • The pressure to the downside has intensified since breaking out of an ascending channel structure.  


XRP/USD daily chart

Critical daily demand zone should be noted from $0.2600-0.2500.  


XRP/USD 60-minute chart

Near-term price action has broken out to the downside from a bearish flag pattern.  

Spot rate:                  0.2595

Relative change:       -1.50%

High:                          0.2694

Low:                           0.2581