Home Ripple’s XRP  technical analysis: XRP/USD big $0.3000 barrier
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Ripple’s XRP  technical analysis: XRP/USD big $0.3000 barrier

  • Ripple’s XRP price is trading with the red by some 1.55% in the session on Friday.  
  • XRP/USD is struggling to push back above the $0.3000 price mark.  
  • Should the bulls break down 0.3000, it would likely open the door to a fresh wave of selling pressure.    

 

XRP/USD weekly chart

The price is being capped  by the chunky  barrier at $0.3000, which appears  to be the key to greater upside pressure.

XRP/USD daily chart

Should the bulls manage to force a daily breakout and retest of $0.3000, it may invite further buying momentum.  

 

Spot rate:                  0.2918

Relative change:       +0.45%

High:                          0.2926

Low:                           0.2897

 

 

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