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XRP / USD bearish flag formation with open eyes

  • The price of Ripple fluctuated on Friday at around 2% in the second half of the session.
  • The sight of the 60-minute chart points to another potential turn to the south, with a bearish-looking beard-eyed frame.

15-minute XRP / USD chart

  • Buyers were found short-term from the 0.3225-0.3250 range, via a 15-minute view.

Spot rate: 0.3254

Relative change: -1.95%

High: 0.3315

Low: 0.3237

Trend: bearish

Support 1: 0.3254, daily support of the articulation point.

Support 2: 0.3196, daily support of the articulation point.

Support 3: 0.3156, daily support of the articulation point.

Resistance 1: 0.3351, resistance at the daily articulation point.

Resistance 2: 0.3391, resistance at the daily articulation point.

Resistance 3: 0.3449, resistance at the daily articulation point.

XRP / USD 60-minute chart

  • Potential bearish flag formation, preparing for another break in the south.

Daily XRP / USD chart

  • The price remains blocked within the confines of the banal band of 8 sessions.

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