XRP Price Analysis: XRP/USD narrowing range remains a large risk to the downside
|- XRP price is trading in negative territory, with losses of some 1.95% on Thursday.
- XRP/USD remains at risk of a drop south; the price moving within a bearish flag.
- The range is limited to the upside at $0.17 and to the downside at $0.14.
XRP/USD daily chart
Price action has offered nothing in terms of direction since 13 March, remaining in a bearish flag.
XRP/USD 60-minute chart
Near-term price action has formed a bearish flag structure, subject to a breakout south.
Spot rate: 0.1610
Relative change: -0.55%
High: 0.1632
Low: 0.1600
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