- Ripple's XRP earnings have increased 17% on Monday, as prices crack a massive resistance at $ 0.4000.
- The XRP / USD price action moves within a bullish pennant formation, subject to an upside break.
15-minute XRP / USD chart
- The price action supported by a rising short-term trend line, the explosive moves are still under the eyes.
Spot rate: 0.4357
Relative change: + 16.41%
Resistance 1: 0.4450, top of the pennant pattern.
Resistance 2: 0.4550, 60 minutes resistance.
Resistance 3: 0.4607, maximum of Monday's session.
Support 1: 0.3641, short-term uptrend trend line.
Support 2: 0.3525, daily support of the articulation point.
Support 3: 0.3400, daily support of the articulation point.
XRP / USD 60-minute chart
- The price moves inside a block formation, subject to an upward break.
XRP / USD 4 hour chart
- Short-term supply area surrounding about $ 0.43-0.46, recovery barrier $ 0.50.