- Ripple’s XRP price into the second half of the session on Friday was holding minor gains of some 0.40%.
- XRP/USD daily candle closure managed to close within the triangular structure after the bears were intensely pressing for a breach.
- Given the above technical development, it should encourage the bulls the to make a decent comeback.
Spot rate: 0.3124
Relative change: +0.40%
High: 0.3138
Low: 0.3084
Trend: Neutral
XRP/USD 60-minute chart
- Price action moving within a bearish flag pattern, which could also be perceived as a rising wedge pattern.
XRP/USD daily chart
- The price managed to close within the key supporting triangular structure, despite the large selling pressure from the bears on Thursday,
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