- Ripple’s XRP price is trading in the red by some 0.90% in the session on Tuesday.
- XRP/USD price action remains narrow via the daily, which has been in the case since 24 November.
- The price has been falling for five consecutive weeks, as the stubborn trend south remains.
XRP/USD daily chart
A large daily barrier should be noted at $0.2300, preventing the price from further upside pressure
XRP/USD 60-minute chart
Price action breached a near-term ascending trend line, which invited another wave of pressure south.
Spot rate: 0.2230
Relative change: -0.90%