- Ripple's XRP price on Wednesday is trading marginally in the red, down some 1.50%.
- XRP/USD price is yet to see any form of directional commitment, as it remains within the confinements of a bearish pennant.
- The price over the last three sessions has been cooling and further narrowing.
Spot rate: 0.2554
Relative change: -1.50%
|Today last price||0.255|
|Today Daily Change||-0.0036|
|Today Daily Change %||-1.39|
|Today daily open||0.2586|
|Previous Daily High||0.2638|
|Previous Daily Low||0.2535|
|Previous Weekly High||0.2671|
|Previous Weekly Low||0.2473|
|Previous Monthly High||0.3308|
|Previous Monthly Low||0.2392|
|Daily Fibonacci 38.2%||0.2574|
|Daily Fibonacci 61.8%||0.2599|
|Daily Pivot Point S1||0.2534|
|Daily Pivot Point S2||0.2482|
|Daily Pivot Point S3||0.243|
|Daily Pivot Point R1||0.2638|
|Daily Pivot Point R2||0.269|
|Daily Pivot Point R3||0.2742|
XRP/USD daily chart
- Price action is further narrowing via the daily chart view, within a bearish pennant pattern.
XRP/USD 60-minute chart
- The price is moving within a horizontal channel structure, awaiting an incoming breakout.
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