- Ripple lock-step trading stuck in a narrowing range between $0.2192 and $0.3085.
- XRP nurtures a weak bullish bias in the short term even as the year comes to an end.
Spot rate: $0.2236
Relative change: -0.001911
Percentage change: -0.85%
XRP/USD daily chart
Ripple price defends $0.20 support, averting the risk of dropping into the $1.0 range.
The range resistance will have to come down for Santa’s early Christmas gift targeting $0.50.
XRP/USD 4-hour chart
Ripple defends falling channel support, but the channel resistance is a hard nut to crack.
Correction above the channel resistance could give Ripple a push above $0.24 and $0.26, respectively.
XRP/USD 2-hour chart
The rising wedge pattern hints at an impending breakdown.
In the short term, XRP has a weak bullish bias based on the up-trending RSI.
|Today last price||0.2236|
|Today Daily Change||-0.0020|
|Today Daily Change %||-0.89|
|Today daily open||0.2256|
|Previous Daily High||0.2263|
|Previous Daily Low||0.2193|
|Previous Weekly High||0.2356|
|Previous Weekly Low||0.2015|
|Previous Monthly High||0.3149|
|Previous Monthly Low||0.2015|
|Daily Fibonacci 38.2%||0.222|
|Daily Fibonacci 61.8%||0.2236|
|Daily Pivot Point S1||0.2212|
|Daily Pivot Point S2||0.2168|
|Daily Pivot Point S3||0.2142|
|Daily Pivot Point R1||0.2282|
|Daily Pivot Point R2||0.2307|
|Daily Pivot Point R3||0.2351|
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