XRP Price Analysis: XRP/USD is bears smash through critical $0.2650 support
|- XRP price is trading in negative territory, with losses of some 3.70% on Tuesday.
- XRP/USD is heading for a second consecutive session in the red.
- The 2020 run of gains remains at risk of reversal, given critical support areas being tested.
XRP/USD daily chart
Daily support areas are eyed at; $0.2500, $0.2200 and then $0.2000.
XRP/USD 60-minute chart
The bears smashed through critical support area the $0.2650-0.2600 price range, inviting a fresh wave of selling pressure.
Spot rate: 0.2565
Relative change: -3.20%
High: 0.2710
Low: 0.2559
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