Ripple Technical Analysis: XRP/USD flying to the moon, playing among the stars

  • Ripple jumps another 20% on Friday, big chunky gains, as price remains very erect.
  • XRP/USD rallies firmly to the upside, highest levels seen since June.

 

 

XRP/USD 4-hour chart 


 


Spot rate:                   0.53079

Relative change:       +18.5%

High:                          0.54905

Low:                           0.42604

 

Trend:                        Bullish.

 

Resistance 1:             0.55200, session high & last high 21 June high, before further market tumble.

Resistance 2:             0.56050, resistance on 4-hour chart.

Resistance 3:              0.56860, 14th June high

Support 1:                  0.51880, support on 4-hour chart.

Support 2:                  0.50700, demand zone. 

Support 3:                  0.45000-0.46000, consolidation area end July-August.

 

 




 

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