Ripple's XRP Technical Analysis: XRP/USD no signs of the bulls waking up just yet
- Ripple's XRP price was trading in minor positive territory on Wednesday, gains of just some 0.3%.
- XRP/USD is moving within a narrow range across most time frame views, breakout imminent.

XRP/USD 15-minute chart
- Price moving within narrow short-term range-block formation, via 15-minute.
Spot rate: 0.3711
Relative change: +0.35%
High: 0.3741
Low: 0.3686
Trend: Neutral
Support 1: 0.3629, daily pivot point support.
Support 2: 0.3553, daily pivot point support.
Support 3: 0.3492, daily pivot point support.
Resistance 1: 0.3766, daily pivot point resistance.
Resistance 2: 0.3827, daily pivot point resistance.
Resistance 3: 0.3903, daily pivot point resistance.
XRP/USD 4-hour chart
- Further confirmation of price action narrowing, via the 4-hour chart view.
XRP/USD daily chart
- A very mundane trading range, the past 14 sessions, a lack of movement has been displayed.
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.





