- Ripple’s XRP price on Monday is trading in minor positive territory by 0.20%.
- XRP/USD found decent comfort at the big $0.2500 mark, which has helped prevent free-fall.
- Price action is stuck within another daily bearish pennant structure, subject to downside risks.
Spot rate: 0.2702
Relative change: +0.20%
High: 0.2804
Low: 0.2670
XRP/USD daily chart
- Price action via the daily chart view is narrowing within a pennant pattern.
XRP/USD 60-minute chart
- XRP/USD price action is moving within an ascending channels structure, subject to downside risks.
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