Home Ripple’s XRP  technical analysis: XRP/USD a daily closure above $0.3000 is critical
Crypto News

Ripple’s XRP  technical analysis: XRP/USD a daily closure above $0.3000 is critical

  • Ripple’s XRP price is trading with the green by some 3.50% in the session on Monday.  
  • XRP/USD is running towards is fifth consecutive week in the green, as the price continues to recover.
  • The big psychological  $0.3000 is the gateway to greater heights for the bulls.

XRP/USD weekly chart

The price is on a run north, after taking a beating from June to September, bulls looking to solidify  recovery run.  

 

XRP/USD daily chart

Price action via the daily chart view is moving within an ascending channel structure, also viewable as a potential bearish flag.  

Spot rate:                  0.3052

Relative change:       +3.45%

High:                          0.3100

Low:                           0.2960

 

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.