- 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