- Ripple's XRP price in session on Thursday is trading in negative territory by some 2.25%.
- XRP / USD price action is trying to find some firmer footing, after smashing out to the bottomside from bearish pennant structure.
- There is a large buying area of which the price is within, 0.3000-0.2500 range.
Spot rate: 0.2610
Relative change: -2.15%
XRP / USD daily chart
- Price action stabilized somewhat within a known demand area, $ 0.3000-0.2500, after smashing out to the downside from bearish pennant.
XRP / USD 4-hour chart
- There are signs of stabilization via the 4-hour chart, near-term pennant form.