- XRP price is trading in negative territory, with losses of some 5.70% on Wednesday.
- XRP/USD is heading for a third consecutive session in the red.
- A breakdown of $0.2500 has left the door wide open for greater downside.
XRP/USD daily chart
Daily support areas are eyed at; $0.2200, $0.2000 and then $0.1800.
XRP/USD 60-minute chart
Price action is has broken out of a bearish pennant structure, leaving the door open to greater downside pressure.
Spot rate: 0.2382
Relative change: -5.70%
High: 0.2550
Low: 0.2340