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- Ripple's XRP is hammered Thursday, down 6.7% in the central part of the session.
- The XRP / USD, after being part of a market-level attack, remains vulnerable to further downside risks.
15-minute XRP / USD chart
- The action on XRP / USD prices is consolidating around the session lows per hour, subject to further downside risks.
Spot rate: 0.3460
Relative change: -1.83%
High: 0.3906
Low: 0.3412
Trend: neutral
Support 1: 0.3642, daily support of the articulation point.
Support 2: 0.3566, daily support of the articulation point.
Support 3: 0.3508, daily support of the articulation point.
Resistance 1: 0.3776, resistance of the daily articulation point.
Resistance 2: 0.3835, resistance at the daily articulation point.
Resistance 3: 0.3911, resistance at the daily articulation point.
XRP / USD 4 hour chart
- Price action is strongly supported by a demand zone seen at $ 0.3400-0.3300 This has been in play since mid-December.
Daily XRP / USD chart
- In the daily time frame, XRP / USD is blocked within a range block formation.
