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  • XRP price is trading in positive territory, with gains of some 2.80% on Tuesday.
  • Price action continues to move within the confinements of a bearish pennant.
  • The next major target to the south for the bears would likely be $0.1000. 

 

XRP/USD daily chart

Despite the respite from downside pressure, XRP/USD continues to remain within the confinements of a bearish pennant. 

XRP/USD 60-minute chart

Bears are making a push to the downside from a bearish flag structure via the 60-minute. 

 

Spot rate:                   0.1423

Relative change:      +2.80%

High:                          0.1528

Low:                           0.1404