- Ripple’s XRP price is trading in the green by some 4.60% in the session on Tuesday.
- XRP/USD bulls regaining control following a brief retest of $0.2000 mark.
- Price action has been narrowing within a triangular structure, with next committed move eyed.
XRP/USD daily chart
The bulls are testing the upper acting resistance of a triangular structure, setting up for a potential breakout.
XRP/USD 60-minute chart
Near-term supply via the 60-minute observed at $0.2215-50 range, a break and closure above critical for further upside pressure.
Spot rate: 0.2200
Relative change: +4.80%
High: 0.2247
Low: 0.2112
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