Home Ripple Ripple’s XRP technical analysis: XRP/USD flirting with game-changing demand zone – FXStreet

Ripple’s XRP technical analysis: XRP/USD flirting with game-changing demand zone – FXStreet

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  • 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%

High:                         0.2533

Low:                          0.2357

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