Ripple's XRP technical analysis: XRP/USD smashes a critical demand zone
|- Ripple's XRP price is trading in the red by some 0.65% in the session on Wednesday.
- XRP/USD bears briefly breached a critical price zone around the $0.2500 territory.
- Next major area to the downside is seen at the $0.2400-0.2300 range.
XRP/USD daily chart
Critical daily demand zone is being tested to the downside $0.2400-0.2300.
XRP/USD 60-minute chart
Price action has broken out from a near-term bullish flag structure, managing to recover some of the losses.
Spot rate: 0.2528
Relative change: -0.65%
High: 0.2586
Low: 0.2483
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