Ripple price rallied above the $0.3200 resistance and tested the $0.3300 zone. XRP/USD corrected lower, but buyers remain in control above the $0.3200 and $0.3210 supports.
- Ripple price traded as high as $0.3297 and later corrected towards the $0.3200 support.
- A major breakout pattern is formed with support at $0.3225 on the 30-minute chart.
- XRP price is likely to rally above the $0.3260 and $0.3280 levels as long as it is above $0.3200.
Trade XRP with the 3Commas Platform.
Ripple Price Analysis
In the last analysis, we discussed high chances of a rally in ripple price above the $0.3200 barrier. XRP did climb higher, broke the $0.3200 resistance and even cleared the $0.3280 resistance area.
Click to Enlarge Chart
Looking at the 30-minute chart of XRP/USD, the pair traded as high as $0.3297 and later started a downside correction. It declined below the $0.3260 and $0.3250 support levels. A swing high was formed near $0.3268 before the price declined towards the $0.3200 support level.
It traded as low as $0.3210 and recently…