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  • 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