Home Ripple’s XRP  technical analysis: XRP/USD bulls make huge progress breaking above $0.30, further upside eyed
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Ripple’s XRP  technical analysis: XRP/USD bulls make huge progress breaking above $0.30, further upside eyed

FX Street
Published date:
  • Ripple’s XRP price on Wednesday is trading in the green, holding gains of 6.80%.
  • XRP/USD price action has broken out to the upside from a narrowing range block formation.  
  • The bulls managed to reclaim to big pychological $0.3000 price mark, for the first time since 13 August.  

 

Spot rate:                  0.347

Relative change:       +6.80%

High:                          0.3127

Low:                           0.2856

 

XRP/USD daily chart

  • The price has escaped a narrowing range, which had contained the price since 15 August.  

XRP/USD 60-minute chart

  • Price action is moving within a bullish pennant, subject to a breakout north.    

FX Street

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