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  • Ripple’s XRP price on Wednesday holding gains of some 0.8% in the second half of the session.  
  • XRP/USD bulls are testing the upper trend line of a triangular structure containing upside.  
  • Price action via the 60-minute chart view makes a push above the near-term descending trend line.  

 

Spot rate:                  0.3191

Relative change:       +0.81%

High:                         0.3231

Low:                          0.3127

 

 

XRP/USD 60-minute chart

  • Price breaks above a near-term descending trend line, seeing a surge higher.  

XRP/USD daily chart

  • The breakout is getting closer, as price tests the upper part of the triangular structure.  
  • Key upside resistance tracking from $0.3200-50 price range, a break above could see a fresh wave of buying pressure.