Ripple's XRP technical analysis: XRP/USD troubled by big barrier at $0.2300
|- Ripple's XRP price is trading in the red by some 0.90% in the session on Tuesday.
- XRP/USD price action remains narrow via the daily, which has been in the case since 24 November.
- The price has been falling for five consecutive weeks, as the stubborn trend south remains.
XRP/USD daily chart
A large daily barrier should be noted at $0.2300, preventing the price from further upside pressure
XRP/USD 60-minute chart
Price action breached a near-term ascending trend line, which invited another wave of pressure south.
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Spot rate: 0.2230
Relative change: -0.90%
High: 0.2257
Low: 0.2212
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