Ripple Technical Analysis: XRP/USD produces a number of wicks to the upside failing to break game changing resistance
|- Ripple price on Friday was seen nursing minor losses of 1% in the session, after decent upside was observed on Thursday.
- XRP/USD ran into resistance within $0.2850 area, 9th September highs, price edging back towards broken channel.
XRP/USD 4-hour chart
Relative change: -0.96%
High: 0.28523
Low: 0.27683
Trend: Bearish
Resistance 1: 0.28500, supply zone.
Resistance 2: 0.29115, 9th September high.
Resistance 3: 0.30500, 6/7 September high area.
Support 1: 0.25500, demand zone.
Support 2: 0.25350, on top of broken descending channel.
Support 3: 0.24668, 14th August low.
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