- Ripple's XRP is seen trading with a minor gain on a 0.4% price tag, but a price action gearing closer to a breakout.
- XRP / USD price is narrowing within a pennant structure pattern.
XRP / USD 15-minute chart
- Price action is supported to the upside.
Spot rate: 0.3753
Relative change: + 0.45%
Support 1: 0.3615, daily pivot point support.
Support 2: 0.3559, daily pivot point support.
Support 3: 0.3491, daily pivot point support.
Resistance 1: 0.3738, daily pivot point resistance.
Resistance 2: 0.3806, daily pivot point resistance.
Resistance 3: 0.3861, daily pivot point resistance.
XRP / USD 4-hour chart
- Acting as resistance, tracking just above $ 0.3800.
XRP / USD daily chart
- Price is further narrowing within the borders of a pennant pattern.
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