- Ripple’s XRP price is trading in the green by some 1.30% in the session on Friday.
- XRP/USD bulls are attempting to break down the $0.2200-0.2400 region.
- A breakout of the above-noted resistance should open the door for a fast move into $).2500 and beyond.
XRP/USD weekly chart
Decent bull momentum is being observed, as the price runs towards another week in the green. Further buying pressure came into play after a descending channel break was seen.
XRP/USD daily chart
The price is moving within consolidation mode, ahead of further moves north. As earlier noted, a break down of $0.2300-0.2400 needs to be seen.
Spot rate: 0.2319
Relative change: +1.30%
High: 0.2376
Low: 0.2264
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