Ripple's XRP Technical Analysis: XRP/USD set for further explosive gains
|- Ripple's XRP price holding decent gains on Tuesday up over 2%. Building further on the run from Monday.
- XRP/USD moving within a range-block after the chunky jump on Monday. Subject to extended move higher.
XRP/USD 15-minute chart
Spot rate: 0.3394
Relative change: +2.04%
High: 0.3469
Low: 0.3260
Trend: Bullish
Resistance 1: 0.3470, upper part of near-term range-block.
Resistance 2: 0.3766, daily pivot point resistance.
Resistance 3: 0.4102, daily pivot point resistance.
Support 1: 0.2984, daily pivot point resistance.
Support 2: 0.2648, daily pivot point support.
Support 3: 0.2425, daily pivot point support.
XRP/USD 60-minute chart
- Near-term ascending trend line supporting the bulls in this current move north.
XRP/USD 4-hour chart
- Bullish pennant formation can be seen via the 4-hour chart view, subject to a breakout.
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