Ripple's XRP Technical Analysis: XRP/USD catches some bullish momentum after slow start

  • Ripple's XRP price pops higher in the mid part of Tuesday, holding onto gains of 0.8%.
  • Despite the interim minor volatility, XRP/USD is still trapped within a mundane daily range. 

XRP/USD 15-minute chart

  • Supply slows down near-term bull rally, heading into the $0.3250 level. 

Spot rate:                 0.3222

Relative change:      +0.88%

High:                         0.3238

Low:                          0.3083

 

Trend:                       Neutral

 

Support 1:                0.3159, daily pivot point support.

Support 2:                0.3114, daily pivot point support.

Support 3:                0.3070, daily pivot point support.

Resistance 1:           0.3248, daily pivot point resistance.

Resistance 2:           0.3292, daily pivot point resistance.

Resistance 3:           0.3337, daily pivot point resistance.

 

XRP/USD 60-minute chart

  • Price receives bidding in the mid $0.31 region, after starting the session on the back foot. 

XRP/USD daily chart

  •  XRP/USD continues its course within the stubborn mundane daily trading range. 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.