Ripple's XRP Technical Analysis: XRP/USD is gunning for a firm explosion through $0.4000 and beyond
|- Ripple's XRP price managing very marginal losses of 0.4% on Thursday, after small pullback.
- XRP/USD bulls are targeting a retest of the big near-term resistance of $0.4000.
- Another green daily close for XRP and a breach of the above-mentioned resistanace, will solidify this recovery run.
XRP/USD 4-hour chart
Spot rate: 0.3866
Relative change: -1.65%
High: 0.3936
Low: 0.3772
Trend: Bullish
Resistance 1: 0.4055, 28 November top area.
Resistance 2: 0.4106, daily pivot point resistance.
Resistance 3: 0.4286, daily pivot point resistance.
Support 1: 0.3765, 4-hour support.
Support 2: 0.3686, daily pivot point support.
Support 3: 0.3447, daily pivot point support.
XRP/USD 60-minute chart
- XRP/USD price moving within an ascending channel, remains supported for now for further upside.
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