Ripple's XRP Price Analysis: XRP/USD bears close to punishing support breach
|- Ripple's XRP price is trading in negative territory, nursing loses of some 1.5% on Friday.
- XRP/USD is running at two steep sessions in the red, as the bears are back in control.
- There is a risk of $0.2000 being tested again to the downside given the current pressure south.
XRP/USD daily chart
A daily ascending trend line has been breached, inviting further downside pressure.
XRP/USD 60-minute chart
The price managed to catch hourly support at $0.2150, however upside momentum likely to be capped, given the trend south.
Spot rate: 0.2368
Relative change: -1.50%
High: 0.2260
Low: 0.2136
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