Ripple's XRP Technical Analysis: XRP/USD breaks out from bull flag set up, here come the bulls
|- Ripple's XRP was seen up with gains of around 0.60% heading through the mid-point of Monday's session.
- XRP/USD bulls broke out to the upside from a bullish flag pattern formation.
- Big buyers remained firm within the $0.5000 area, after cooling of price seen over the past few sessions.
Spot rate: 0.5102
Relative change: +0.65%
High: 0.5105
Low: 0.4955
Trend: Bullish
Resistance 1: 0.5113, 12 November upper wick high.
Resistance 2: 0.5121, daily pivot point resistance.
Resistance 3: 0.5173, daily pivot point resistance.
Support 1: 0.5048, above breached flag.
Support 2: 0.5000, psychological area of support.
Support 3: 0.4987, daily pivot point support.
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