Ripple's XRP technical analysis: XRP/USD bears hunting for big $0.2500 retest
|- Ripple's XRP price is trading with the red by some 1.00% in the session on Tuesday.
- XRP/USD is running towards its second week in the red, the bears are back within control.
- The price is retreating following a decent run higher from late October.
XRP/USD weekly chart
XRP bears are pressing for a big retest of the $0.2500 area, a critical weekly support level.
XRP/USD daily chart
Daily price action broke out to the downside from a critical ascending trend line of support.
Spot rate: 0.2712
Relative change: -1.00%
High: 0.2762
Low: 0.2705
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