Ripple’s XRP Technical Analysis: XRP/USD bulls are attempting to move back above a bearish barricade

• Ripple’s XRP price in the second half of the session on Friday was seen trading in minor positive of some 0.50%.  
• XRP/USD on 21st March smashed through to the downside out from a triangular structure.  
• Much of the near-term barrier is seen heading into the $0.3200 price region.  

Spot rate:                  0.3088

Relative change:       +0.45%

High:                         0.3117

Low:                          0.3059

Trend:                        Bearish/Neutral

XRP/USD 60-minute chart

• Price action is narrowing substantially within a range-block formation, nearing a breakout.  

XRP/USD daily chart

• The price continues to sit below a large barricade of resistance, a breached triangular formation.