XRP Price Analysis: XRP/USD bulls must break above $0.1900

XRP price is trading in positive territory, with gains of some 1.70% on Thursday.
XRP/USD attempting to rebuild on the gains seen in the session on Wednesday.
Critical downside support should be noted at the $0.1800 mark, resistance at $0.1900.

Ken Chigbo Independent Analyst

XRP/USD daily chart

A tight range remains the case via the daily chart view, moving between $0.1800-0.2000.

XRP/USD 60-minute chart

There is a risk of a near-term double top via the 60-minute chart view. The $0.1900 level is the top area.

Spot rate: 0.1901

Relative change: +1.00%

High: 0.1910

Low: 0.1858

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.

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XRP/USD daily chart

XRP/USD 60-minute chart

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