Ripple's XRP Technical Analysis: XRP/USD $0.3000 again exposed

Ripple's XRP price on Friday is trading firmly in the red, down some 1.9% in the second half of the session.
XRP/USD price action has fallen back down within the mundane 2019 trading range.
The $0.3000 mark is still exposed to the downside, given the bulls failures.

Ken Chigbo Independent Analyst

Spot rate: 0.3319

Relative change: -1.90%

High: 0.3374

Low: 0.3283

XRP/USD 60-minute chart

Price action via the 60-minute chart view is supported for now to the upside by an ascending trend line.

XRP/USD daily chart

XRP/USD has fallen back down within the 2019 mundane trading range seen via the daily view.

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.

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