Ripple Technical Analysis: XRP/USD bears ready to test vital support once again, following deadly shooting star doji
|- Ripple price has been firmly within the red on Tuesday, consistent pressure from the bears, down around 3%.
- XRP/USD key near-term support being tested again to the downside, just ahead of $0.4400.
- 60-minute chart view sees a shooting star candlestick, which indicates of further downside pressure to come.
XRP/USD 60-minute chart
Spot rate: 0.44381
Relative change: -0.25%
High: 0.45950
Low: 0.44064
Trend: Bearish
Support 1: 0.44250,key near-term support.
Support 2: 0.44000,demand area.
Support 3: 0.39590, 15 October low.
Resistance 1: 0.44810, resistance on 60-minute.
Resistance 2: 0.45200, supply zone.
Resistance 3: 0.46750, resistance on 60-minute.
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