Ripple Technical Analysis: XRP/USD bulls are constructing their rocket for another shot at the moon

  • Ripple price was seen holding chunky gains of over 8% in the early part of Friday's session.
  • XRP/USD recovered firmly after a soft start to the week, look to close up on the weekly view, after two consecutive week's of losses. 

 

 

XRP/USD 60-minute chart


 


Spot rate:                   0.31683

Relative change:       +8.64%

High:                          0.32077

Low:                           0.29072

Trend:                        Bullish
 

Resistance 1:            0.31986, (resistance on 60-minute chart).

Resistance 2:            0.33850, consolidation area.

Resistance 3:            0.35085, supply zone. 

Support 1:                  0.31150, former area of resistance.

Support  2:                 0.29237, 50MA.

Support  3:                 0.28400, 100MA.


 

 

 

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