Ripple's XRP technical analysis: XRP/USD bears are further forcing loss of the big $0.3000 mark

  • Ripple's XRP price on Monday is trading in negative territory by 1.20%, as pressure remains on following loss of $0.3000 mark. 
  • XRP/USD is further losing ground on the big psychological $0.3000 mark. 

  • The big demand zone for XRP/USD runs from $0.3000 down to $0.2500. 


Spot rate:               0.2990   

Relative change:      -1.20%

High:                         0.3053

Low:                          0.2979



XRP/USD daily chart

  • Price action is moving deeper within the demand zone of $0.3000-0.2500. 


XRP/USD 60-minute chart

  •  Vulnerabilities point to the downside with the price underneath the $0.3000 price area. 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

BTC/USD sellers remains strong on $11,000 region

Bitcoin price in the session on Tuesday is trading with losses of some 3.50%. BTC/USD price action via the near-term view has formed a double bottom, protecting the $10,500 mark. Key resistance can be observed running from $11,000-11,500, via the daily. Sellers remain camped in the range of $11,000-11,500 price range, causing much difficulty. 

More Bitcoin News

LTC/USD subject to another potential wave of selling given the price formation

LTC/USD price in the second half of the session is nursing steep losses of some 3.5%. A bear market remains, as the price struggles to stabilize. 

More Litecoin News

Will we close above 200.00 today?

As general crypto sentiment is lower today ETH/USD breaks back below 200.00. Yesterday's close above 200.00 has been negated as the price moved back below.

More Ethereum News

European Union antitrust regulators are looking into Facebook's Libra

According to a document seen by Bloomberg, EU's antitrust regulators are looking into whether Facebook's proposed payment system will shut out others unfairly.

More Criptocurrencies News


Bitcoin Weekly Forecast: Safe-haven or a high-yield asset? Bitcoin qualifies for both

The cryptocurrency market has been a mixed picture this week. Bitcoin attempted to settle above $12,000 practically every single day of the week...

Read the weekly forecast