- Ripple's XRP nursing minor losses on Friday, just some 0.75%, as the bulls continue to penetrate vital resistance.
- Should the bulls manage to breakdown $0.4000, greater upside will come into play.
XRP/USD 15-minute chart
Spot rate: 0.3789
Relative change: -0.75%
Resistance 1: 0.4016, daily pivot point resistance.
Resistance 2: 0.4223, daily resistance area.
Resistance 3: 0.4491, daily resistance area.
Support 1: 0.3540, daily pivot point support.
Support 2: 0.3273, daily pivot point support.
Support 3: 0.3065, daily pivot point support.
XRP/USD 60-minute chart
- Price moving within a bullish pennant technical set up, subject to a breakout to the upside.
XRP/USD 4-hour chart
- A breakout above the stubborn $0.4000 are, will invite a fresh wave of buying pressure.
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. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.