Ripple Technical Analysis: XRP/USD on a mission of recovery as price looks for complete reversal
|- Ripple price storms ahead with big gains on Friday, jumping over 12%.
- XRP/USD looking set to completely retrace the excessive drop seen on Thursday.
XRP/USD 60-minute chart
Spot rate: .0.43396
Relative change: +13.72%
High: 0.44889
Low: 0.37795
Trend: Bullish
Resistance 1: 0.44500, resistance on 60-minute chart.
Resistance 2: 0.46000-47000, prior acting demand zone.
Resistance 3: 0.50000, big psychological level and supply area.
Support 1: 0.41400, support on 60-minute chart.
Support 2: 0.37600, demand zone.
Support 3: 0.36000, consolidation area 20 September.
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