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- Friday's Ripple price is trading in positive marginal territory, with gains of just 0.40% lower.
- XRP / USD that move inside a block formation of blocks, as seen on the market with some of its peers.
15-minute XRP / USD chart
- As can be clearly highlighted in the 15 minute view, an uphill channel formation. If displayed on the 60-minute chart, it appears to be a bearish flag.
Spot rate: 0.3905
Relative change: + 0.38%
High: 0.3403
Low: 0.3281
Trend: bearish
Support 1: 0.3064, daily support of the articulation point.
Support 2: 0.2803, daily support of the articulation point.
Support 3: 0.2382, daily support of the articulation point.
Resistance 1: 0.3746, resistance of the daily articulation point.
Resistance 2: 0.4167, resistance of the daily articulation point.
Resistance 3: 0.4428, resistance of the daily articulation point.
XRP / USD 60-minute chart
- The XRP / USD seems to have modeled a bearish flag formation, subject to a longer break.
Daily XRP / USD chart
- Price action is testing the underside of a critical daily range blocking formation.
