Ripple's XRP Technical Analysis: XRP/USD moving deeper in big demand area
|- Ripple's XRP price on Tuesday nursing losses of around 1%, as the downside momentum continues.
- XRP/USD gradually moving deeper into the large area of demand, awaiting for big buyers.
XRP/USD 15-minute chart
- Demand area near-term propping up the price, $0.2850-25, preventing deeper free-fall.
Spot rate: 0.2910
Relative change: -1.05%
High: 0.2967
Low: 0.2832
Trend: Bearish
Support 1: 0.2842, daily pivot point support.
Support 2: 0.2733, daily pivot point support.
Support 3: 0.2625, daily pivot point support.
Resistance 1: 0.3059, daily pivot point resistance.
Resistance 2: 0.3167, daily pivot point resistance.
Resistance 3: 0.3276, daily pivot point resistance.
XRP/USD 60-minute chart
- Near-term descending trend line seen via the 60-minute chart, containing upside momentum, within the early $0.2900 region.
XRP/USD daily chart
- XRP/USD price continuing to move deeper in chunky area of demand. Tracking from $0.3000-0.2500.
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