Riple's XRP technical analysis: XRP/USD tug of war with $0.4000
- Ripple's XRP in the second half of Monday is very minor gains of some 0.70%.
- XRP/USD continues to flirt with the big $0.4000 mark, following the recent breach to the downside.
- Daily price action is moving within a bullish flag structure for XRP/USD.

Spot rate: 0.4012
Relative change: +0.70%
High: 0.4017
Low: 0.3934
XRP/USD 60-minute chart
- Price action via the 60-minute chart view is moving within an ascending channel formation.
XRP/USD daily chart
- The price via the daily chart view continues to flirt with a critical ascending trend line of support.
Author

Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.





