Ken Chigbo
Independent Analyst
- XRP price is trading in the red on Friday down some 2% in the second part of the day.
- XRP/USD remains supported for now at the big buying area of $0.3000.
- Near-term daily supply can be observed around $0.3300-0.3400 price range.
Spot rate: 0.3133
Relative change: -2.15%
High: 0.3225
Low: 0.3100
XRP/USD 60-minute chart
- Near-term price action supported via the 60-minute by a key ascending trend line.
XRP/USD daily chart
- The buyers are protecting the $0.3000 territory, however now stubborn resistance see at $0.3300-0.3400 capping the bulls.
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