Ripple Technical Analysis: XRP/USD is off to the moon, jumping an enormous 18%

  • Ripple price on Tuesday made a enormous jump of 18%, breaking above very tough resistance. 
  • XRP/USD bulls make an aggressive break to the north out from a descending channel. 

 

 

 

XRP/USD 60-minute chart 


 

Spot rate:                   0.32000

Relative change:       +18.45%

High:                          0.32840

Low:                           0.26886

 

Trend:                        Bullish

 

Resistance 1:            0.32870, session high & consolidation area before 5 September crash.

Resistance 2:            0.33960, top area 3/4 September.

Resistance 3:            0.34000, resistance on 60-minute.

Support 1:                  0.31500, support on 60-minute. 

Support  2:                 0.30500, top area 6 September & support. 

Support  3:                 0.27955, on top of broken channel & 50/100 MAs. 





 

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