- XRP price is trading in negative territory, with losses of some 7.50% on Monday.
- XRP/USD is running at three consecutive sessions in the red.
- Daily support at $0.2650 being tested by the bearish momentum.
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 three consecutive sessions in the red.
XRP/USD 60-minute chart
XRP/USD has broken out of a bearish pennant structure via the 60-minute chart view, allowing further pressure from the sellers.
Spot rate: 0.2704
Relative change: -7.50%
High: 0.2951
Low: 0.2696