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  • XRP price is trading in negative territory, with losses of some 1.90% on Tuesday.
  • Price action does remain narrow, which has been the case since 
  • XRP/USD has formed a range block formation via the daily, which is subject to a breakout. 

 

XRP/USD daily chart

The daily range high is seen up at $0.2425, the low down at $0.2250. There is still the risk of a bearish pennant breakout to the downside. 

XRP/USD 60-minute chart

A bullish flag structure is viewable via the 60-minute chart view, subject to a breakout higher as the price retests it. 

 

Spot rate:                   0.2395

Relative change:      -1.90%

High:                          0.2399

Low:                           0.2328