- Ripple’s XRP price is trading in the red by some % in the session on Thursday.
- XRP/USD bears continue to flirt with the big support area seen at $0.2500.
- Critical weekly support should be noted at $0.2350, failure to hold could be punishing.
XRP/USD weekly chart
The price is running towards its third consecutive weekly closure in the red. Big weekly support is noted at $0.2350.
XRP/USD daily chart
Price action is stuck within a stubborn daily trend to the south, lack of stabilization signs.
Spot rate: 0.2528
Relative change: -3.85%