- Ripple’s XRP price in the 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 downside from bearish pennant structure.
- There is a large buying area of which the price is trading 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.