- Ripple’s XRP price on Tuesday is trading in the red, down some 0.90%.
- XRP/USD price action is moving within consolidation mode, having formed a bearish pennant structure.
- The price is very much narrowing, subject to a potential breakout, given the lack of room to manoeuvre.
Spot rate: 0.2680
Relative change: -0.90%
XRP/USD daily chart
- Price action moving within a bearish pennant structure, subject to a breach.
XRP/USD 60-minute chart
- Near-term demand around the $0.2600 price territory, protecting the price from dropping further.