XRP/USD tug of war with $0.4000

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  • Ripple’s XRP in the second half of Monday is very minor gains of some 0.70%.
  • XRP/USD continues to flirt with the big $0.4000 mark, following the recent breach to the downside. 
  • Daily price action is moving within a bullish flag structure for XRP/USD. 

 

Spot rate:                 0.4012

Relative change:      +0.70%

High:                        0.4017

Low:                         0.3934

XRP/USD 60-minute chart

  • Price action via the 60-minute chart view is moving within an ascending channel formation.

XRP/USD daily chart

  • The price via the daily chart view continues to flirt with a critical ascending trend line of support. 

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