Home XRP Price Analysis: XRP/USD dropping heavy for four consecutive sessions
Crypto News

XRP Price Analysis: XRP/USD dropping heavy for four consecutive sessions

FX Street
Updated:
  • XRP price is trading in negative territory, with losses of some 2.00% on Tuesday.
  • XRP/USD is one of the underperformers amongst the major cryptocurrencies in the session. 
  • The price is running at three straight sessions in the red, as the bears maintain full pressure. 
  •  

XRP/USD daily chart

The bears are back in control as the price reverses the gains seen last week. XRP/USD is now running at four consecutive sessions in the red. 

XRP/USD 60-minute chart 

XRP/USD has broken out of a bearish flag structure via the 60-minute chart view, allowing further pressure from the sellers. 

Spot rate:                   0.2811

Relative change:      .-2.00 %

High:                          0.2952

Low:                           0.2759

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2024