Ripple's XRP technical analysis: XRP/USD forming a potential double bottom
|- Ripple's XRP price is trading in the green by some 1.30% in the session on Thursday.
- XRP/USD price action is forming a potential double bottom via the daily view.
- Eyes are on the neckline area of $0.2300-50 range of the noted formation.
XRP/USD daily chart
The price has bounced off big support which could be a double bottom at around $0.2150.
XRP/USD 60-minute chart
A near-term potential bearish flag formation can be eyed via the 60-minute chart view.
Spot rate: 0.2175
Relative change: +1.30%
High: 0.2189
Low: 0.2125
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