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XRP Price Analysis: XRP/USD bulls rocketing well beyond $0.3000

  • XRP price is trading in positive territory, with gains of some 9.50% on Thursday.
  • XRP/USD bulls have enjoyed tremendous gains over the last few sessions.
  • The next likely area of interest for the bulls will be the $0.3500 price mark. 

 

XRP/USD daily chart

XRP managed to spike aggressively to a high in the session of $0.3353, however, has fallen victim to some minor profit-taking. The price will need to hold above $0.3000, to maintain upside pressure. 

XRP/USD 60-minute chart 

The price has made a strong bounce off an ascending trend line via the 60-minute chart view. 

 

Spot rate:                  0.2975

Relative change:       +9.50%

High:                          0.3395

Low:                           0.2999

 

 

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