Ripple's XRP technical analysis: XRP/USD bulls failed to reclaim big $0.3000 mark

  • Ripple's XRP price in the session on Monday is trading with losses of some 1.50%.
  • XRP/USD bulls attempted to reclaim the $0.3000 mark, however, ran into supply.  
  • The price also hit resistance retesting underneath a breached daily penannt structure. 

 

Spot rate:                  0.2796

Relative change:      -1.50%

High:                         0.2911

Low:                          0.2772

XRP/USD daily chart

  • Price action fell short attempting to retest a breached penannt and the $0.3000 mark. 

 

XRP/USD 60-minute chart

  • The price is caught between a range of $0.2700-0.2900 via the hourly view.

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