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  • XRP price on Friday in the second half of the day is down some 0.50%.

  • XRP/USD remains confined within a bearish pennant structure, as seen via the daily.  

  • The price continuing to remain within the bearish structure keeps it vulnerable to downside risks.  

Spot rate:                  0.3148

Relative change:       +1.05%

High:                          0.3179

Low:                           0.3141


XRP/USD 60-minute chart

  • Near-term ascending trend line preventing the price from free-fall south, seen via 60-minute chart.  

XRP/USD daily chart

  • The price does not have much room to move given tight conditions, within pennant.