- XRP was trading down over 4% in the latter part of Friday's session.
- XRP/USD price broke out to the downside from a rising wedge pattern.
- The weekend will be key was to whether XRP/USD can close up for the week in positive territory.
XRP/USD 4-hour chart
Spot rate: 0.3648
Relative change: -4.15%
Support 1: 0.3587, daily pivot point support.
Support 2: 0.3461, daily pivot point support.
Support 3: 0.3237, 25 November low.
Resistance 1: 0.3800, underneath breached wedge.
Resistance 2: 0.3938, daily pivot point resistance.
Resistance 3: 0.4065, daily pivot point resistance.
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.