Ripple Price Prediction: XRP/USD bulls must break game changing barrier $0.3700-0.3800 – Confluence Detector
|- Ripple’s XRP price late in the session on Monday, is trading with losses of some 2.20%.
- XRP/USD is moving within a bullish flag pattern formation observed via the 4-hour chart view.
Ripple’s XRP price on Mondy in the latter part of the session is trading in negative territory, down some 2.2%. XRP/USD bulls have cooled somewhat after a strong run of recent gains seen across the market.
XRP/USD is moving within a bullish flag structure observed via the 4-hour chart view, subject to a potential further breakout to the upside. Some minor cooling observed for now, as the buyers run somewhat exhausted. In terms of barriers, a chunky one is observed from $0.3700 to 0.3800 price range.
Looking via the daily confluence detector, firstly the barriers of resistance; $0.3623 daily 38.2% Fibonacci. $0.3660, weekly 23.6% Fibonacci. To the downside; $0.3474, monthly pivot point support, $0.3400 weekly pivot point support.
XRP/USD daily confluence
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