Ripple’s XRP Technical Analysis: XRP/USD bears and bulls $0.3000 battle

  • Ripple’s XRP price on Thursday is trading with minor gains of 0.70% in the latter part of the session.
  • XRP/USD remains propped up as seen via the daily by defending from $0.3000 down to $0.2900.

Spot rate:                  73.92

Relative change:      -1.32%

High:                         0.3077

Low:                          0.2969

XRP/USD 60-minute chart

  • Near-term price action is moving within an ascending wedge/bearish flag formation via the 60-minute.

XRP/USD daily chart

  • A tug of war continues between the bears and bulls around the $0.3000 area. 

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