Ripple's XRP Technical Analysis: XRP/USD heading back for a critical retest $0.2000
|- Ripple's XRP price is trading in the green by some 1.60% in the session on Friday.
- XRP/USD is running towards its fourth consecutive session in the red.
- A daily breach and closure below the psychological $0.2000, could be punishing.
XRP/USD weekly chart
The price has been on the decline since a big rejection within a strong weekly supply, $0.2200-0.2400.
XRP/USD daily chart
The major daily support to the downside is eyed at $0.1850, the low area seen between 17 December - 3 January.
Spot rate: 0.2050
Relative change: +1.50%
High: 0.2069
Low: 0.1997
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