- Ripple’s XRP price is trading in positive territory, with gains of some 5.70% on Tuesday.
- XRP/USD resistance has finally been convincingly breached at the $0.25000 handle.
- The price is moving within an ascending channel structure via the daily chart view.
XRP/USD daily chart
The price is running at its fourth consecutive session in the green, as the bulls break down $0.2500 resistance. A daily closure above the above-noted ascending channel is critical for further upside pressure.
XRP/USD 60-minute chart
Price action via the 60-minute has broken out and retested a bull flag structure, making way for further upside pressure.
Spot rate: 0.2695
Relative change: +5.70%
High: 0.2699
Low: 0.2470