Ripple Technical Analysis: XRP/USD saved by double bottom formation
|- Ripple was seen down on Wednesday by some 0.50% in the session, further cooling after the hug jump on Tuesday.
- XRP/USD has seen a decent bounce as part of a double bottom formation, view-able on 60-minute chart.
XRP/USD 60-minute chart
Relative change: -0.50%
High: 0.33563
Low: 0.31100
Trend: Neutral
Resistance 1: 0.31980, resistance on 60-minute chart.
Resistance 2: 0.32800, resistance on 60-minute chart.
Resistance 3: 0.33100, supply zone.
Support 1: 0.31100, double bottom.
Support 2: 0.30500, support on 60-minute chart.
Support 3: 0.29855, 50MA. (60-minute).
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